BITFRONTIER CAPITAL HLDGS - BFCH STOCK NEWS

BitFrontier Capital Holdings, Inc. (BFCH) announces the launch of a new south Texas hosting facility, in partnership with industry leaders, generating $115K/mo in revenue and $35K/mo in profit. The facility, powered by 10NetZero's innovative gas-to-power technology, aims to provide a scalable and environmentally friendly hosting model for crypto mining.

BitFrontier Capital Holdings Inc. (BFCH) announces the signing of a consolidation agreement to eliminate all convertible note debt, making a bullish move by exchanging all convertible notes for an equity position and a 5-year payment plan. This will simplify the audit process and make the stock more attractive to investors by removing the threat of potential dilution.

BitFrontier Capital Holdings, Inc. (OTCMKTS: BFCH) has released its Quarterly Report for Q2 of 2023. The company achieved $1,715,180.83 in revenue from ASIC Miner sales, which is consistent with Q1. Their hosting facility has been relocated to Texas and is expected to be operational in September 2023. Telesis IT, their technical solution provider division, contributed $156,868.55 to their bottom line. The company aims to generate revenue of $2M per quarter and reach $12M this year. They plan to uplist to the OTCQB in the Fall of 2024.

BitFrontier Capital Holdings Inc announces the acquisition of hosting membership assets and a liquid cooling container. They have moved the container to a new location in West Texas and will start accepting reservations on July 15th, 2023. The company aims to provide trusted selling and hosting services for ASIC miners, offering professional configuration and overclocking up to 125%. They have increased the number of Authorized Shares to invest in infrastructure and create an Employment Share pool.

BitFrontier Capital Holdings (OTCMKTS: BFCH) announced a significant agreement with Code Green (OTCMKTS: CGAC), marking a milestone in its business growth. Code Green has ordered 412 Antminer S19 Pro+ units and is set to host them at BFCH's newly established Liquid Immersion Hosting facility in Louisiana. This deal not only provides a substantial fixed revenue win for BFCH's ASIC Miners US division, but also promises a recurring revenue stream extending into FY2024. Notably, BFCH plans to overclock these units to achieve a hashing rate 150% greater than conventional setups. Upon completion, the installation will yield an impressive 270 Peta-Hash, requiring over 7 MegaWatts of power. Both companies view this partnership as pivotal for their success in the crypto mining industry.

BitFrontier Capital Holdings (OTCMKTS: BFCH) announced its Q1 2023 earnings, reporting a revenue of $1,719,801.90, a 43% increase in ASIC Miner sales year-over-year despite lower prices. The company has expanded its hosting operations through a joint venture, filling 60% of its Louisiana site capacity, projected to generate $360,000 quarterly. Telesis IT, BFCH's tech service provider, contributed $170,000 in revenue, crucial during the leadership transition. Mining activities yielded over $5,000, with plans to hold assets for potential profit. BFCH aims to uplist to OTCQB, reflecting optimism for the future. The management appreciated staff commitment, with no salaries currently drawn.

BitFrontier Capital Holdings Inc (OTCMKTS: BFCH) reported promising developments in its Q1 2023 Quarterly Report. The company acquired ASIC Miners US, enhancing its revenue-generating capabilities through mining equipment sales. A cooperative agreement with C&G management is underway, establishing hosting centers which could yield over $275,000 monthly in revenue once fully operational. Current hosting revenue exceeds $100,000 annually, with the potential to expand significantly. BFCH is diversifying its revenue streams by mining and collaborating with Telesis IT for technology solutions. The new CEO emphasizes team building and strategic growth as the company aims for profitability.

BitFrontier Capital Holdings, Inc. (OTCMKTS: BFCH) has appointed Keith Su as a senior executive overseeing business operations in Asia. With 7 years of experience in the crypto mining industry, Su has established strong relationships with major ASIC miner manufacturers. Previously, he collaborated with CEO Andrew Gilton, successfully transacting over $6M in business together. Su’s expertise in large-scale mining facilities will enhance BFCH's operational efficiency. His ability to communicate in Chinese will improve customer engagement, increasing reliability in order management and repairs. This strategic hiring aims to bolster BFCH's position in the competitive crypto space.

BitFrontier Capital Holdings (OTCMKTS: BFCH) has signed a multi-year joint venture with C&G Management to establish a 1.6GW hosting facility in Louisiana. This partnership allows BFCH to generate its own electricity, mitigating potential impacts from proposed U.S. energy taxes affecting other facilities. The project will initially offer over 1,000 mining slots, enhancing BFCH's capacity and flexibility in crypto mining. CEO Andrew Gilton emphasized the importance of power pricing in profitability. This facility aims to generate a reliable revenue stream through ASIC miner sales and hosting services, positioning BFCH for predictable profits despite market volatility.