BHPA Announces Investment in Metaverse Infrastructure

Rhea-AI Summary

BHPA, Inc. (OTCM: BHPA) has announced plans to invest in metaverse infrastructure development, leveraging its expertise in computing power services and blockchain technology. This initiative aims to capitalize on the growing global interest in the metaverse, a digital space that could significantly alter daily life. To support this venture, BHPA is expanding its research team by hiring experienced technical engineers. The company continues to explore blockchain market potential to better position itself in this emerging sector.

Positive

• Investment in metaverse infrastructure could lead to new revenue opportunities.
• Hiring experienced engineers demonstrates commitment to R&D and innovation in blockchain technology.

Negative

• None.

IRVINE, Calif.--(BUSINESS WIRE)-- BHPA, Inc. (OTCM: BHPA, “BHPA”), a computing power services and blockchain technologies company, today announced that it will invest resources in the construction of a metaverse infrastructure.

The concept of the metaverse has now attracted worldwide attention. As the next stage and trend in the development of the digital technology, metaverse could enter people's life in a more accessible way, bringing people closer together and may dramatically change people's daily life for the foreseeable future.

Until recently, the concept of the metaverse, as a fantasy of the future, has long had its origins in novels, films, games, online chat rooms, and more. However, the development of blockchain technology has given the metaverse, which has always been closer to an abstract and illusory concept, a real chance to emerge.

Computing power is both the core and the foundation of metaverse infrastructure construction. BHPA plans to take advantage of its experience and advantages in computing power services and blockchain technologies, as well as its resources in the industry, to further develop this track of metaverse infrastructure construction. BHPA has started hiring experienced technical engineers and staff locally recently to expand its research and development team on the subject.

As the technology constantly evolves, BHPA will continue to explore the deeper potential of the blockchain market to dig out more possibilities in this emerging market.

About BHPA

BHPA, INC. (OTCM: BHPA) is leveraging its cloud hash power and big data processing capabilities toward the creation of a reliable and convenient cloud hash power service platform. The Company's wholly-owned subsidiary, BHP Advance Inc., which acts as the technology and service operator, provides a cryptocurrency mining SaaS platform powered by a reliable and secure blockchain algorithm, along with market-leading data processing capabilities and other online services. BHP Advance has a well-established global partnership network with large-scale cryptocurrency mining farms. The Company is dedicated to providing a cloud mining solution capable of breaking new barriers in the cryptocurrency mining space, allowing crypto mining firms and enthusiasts to transcend the defining limitations of time, power, and technology horizon.

("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)

View source version on businesswire.com: https://www.businesswire.com/news/home/20211104005504/en/

Corporate Contact:

Echo Lin

Email: info@bhpadvance.com

Phone: (503) 832-7356

Official Website: bhpadvance.com

Source: BHPA, Inc.

FAQ

What is BHPA's latest investment plan?

BHPA is investing in metaverse infrastructure development to leverage its computing power and blockchain expertise.

What does BHPA aim to achieve with its metaverse infrastructure project?

BHPA aims to capitalize on the growing interest in the metaverse, potentially changing everyday life.

How is BHPA expanding its technical capabilities?

BHPA is hiring experienced technical engineers to strengthen its research and development team for metaverse projects.

What market is BHPA focusing on with its new initiatives?

BHPA is focusing on the blockchain market as it continues to explore opportunities within the metaverse sector.