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Graystone Company Increases Its Bitcoin Holdings from Mining Operation - Expected to Accelerate Through 2021

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Graystone Company, Inc. (OTC: GYST), based in Fort Lauderdale, has increased its Bitcoin holdings by 12.5% since June 1, 2021, due to its mining operations. An additional 1,000 Terrahash (TH/s) is expected to go online in September, contributing to weekly increases in Bitcoin holdings. The company aims for 50,000 TH/s by the end of 2021, with a long-term target of exceeding 1,000,000 TH/s by 2024. Graystone emphasizes transparency, allowing shareholders to track mining progress via their Bitcoin wallet address on their website.

Positive
  • Increased Bitcoin holdings by 12.5% since June 1, 2021.
  • Expected additional 1,000 TH/s in September to boost mining output.
  • Long-term targets set for 50,000 TH/s by end of 2021 and over 1,000,000 TH/s by 2024.
Negative
  • None.

FORT LAUDERDALE, Fla., July 21, 2021 /PRNewswire/ -- Graystone Company, Inc. (OTC: GYST) announced today that the Company has increased its Bitcoin holdings by 12.5% since June 1, 2021 as a result of its Bitcoin Mining Operations. Additionally, the company anticipates an additional 1,000 Terrahash (TH/s) to come online in September which will continue to increase the Company's Bitcoin Holdings weekly.

The Company is working with its suppliers and investors to expediate the acquisition of additional mining equipment to accelerate production which should propel them towards our goal of 50,000 TH/s in 2021 possibly exceeding 1,000,000 TH/s by 2024.

The Company is focused on building long term relationships with their shareholders and investors as they build their mining operations. Graystone Company chooses to provide maximum transparency to their shareholders, who can track their mining progress securely through the link to the Bitcoin wallet address located on the company's website, it reflects transactions from the Company's mining operations and the current balance.

About The Graystone Company, Inc.
Graystone Company operates two divisions: A Bitcoin BTC mining operation and a Wellness, Longevity and Anti-Aging product line. The Graystone Company, Inc. (OTC PINK: GYST) is headquartered in Fort Lauderdale, FL., and can be contacted at www.thegraystonecompany.com or by phone @ (954) 271-2704.

Corporate Website: www.thegraystonecompany.com
Corporate Twitter: https://twitter.com/TheGraystoneco  
Graystone Mining Twitter: https://twitter.com/Graystonemining  

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

For more information:

Graystone Company
Email: info@thegraystonecompany.com
Phone: (954) 271-2704

Cision View original content:https://www.prnewswire.com/news-releases/graystone-company-increases-its-bitcoin-holdings-from-mining-operation---expected-to-accelerate-through-2021-301338505.html

SOURCE Graystone (GYST)

FAQ

What is the current Bitcoin holding increase for Graystone Company (GYST)?

Graystone Company has increased its Bitcoin holdings by 12.5% since June 1, 2021.

When is the additional mining capacity of 1,000 TH/s expected to come online?

The additional 1,000 Terrahash (TH/s) is expected to come online in September 2021.

What are Graystone Company's long-term Bitcoin mining targets?

Graystone aims for 50,000 TH/s by the end of 2021 and possibly exceeding 1,000,000 TH/s by 2024.

How does Graystone Company ensure transparency for its shareholders?

Graystone allows shareholders to track mining progress through a Bitcoin wallet address on their website.

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