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GRAYSTONE CO INC A - GYST STOCK NEWS

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GRAYSTONE CO INC A (symbol: GYST) is a prominent company recognized for its significant contributions in the [Industry/sector]. The company operates with a strong focus on [core business], delivering top-notch products and services that cater to various market needs.

Recently, GRAYSTONE CO INC A has marked several achievements, including the successful completion of [recent projects] and forging strategic partnerships with [key partners]. These milestones underscore the company's commitment to innovation and growth.

Currently, GRAYSTONE CO INC A is engaged in [current projects], aimed at expanding its market presence and enhancing shareholder value. Financially, the company maintains a stable condition, backed by [financial highlights, e.g., revenue growth, profit margins].

With a diverse portfolio that includes [products/services], GRAYSTONE CO INC A continues to meet customer needs while exploring new opportunities for expansion. The company's dedication to quality and customer satisfaction sets it apart in the competitive landscape of the [industry/sector].

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Graystone Company, Inc. (OTC: GYST) announced the acquisition of 1,000 Terrahash (TH/s), increasing its mining capacity to 2,130 TH/s. This new capacity is projected to yield approximately 0.0185 BTC daily, equating to around $730.58, or about $263,009 annually. The acquisition cost was $49,450, with delivery expected by October 31, 2021. The monthly maintenance cost is anticipated to be $1,690. The company aims to acquire a total of 50,000 TH/s by the end of 2021 and 1,000,000 TH/s by 2024.

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The Graystone Company (OTC: GYST) announced its exploration into turn-key Bitcoin mining solutions, aiming to offer individuals the ability to acquire terrahash (TH/s) in increments of 0.10 TH/s. This initiative includes a Regulation A+ Offering for tokenization or security offerings, enabling monthly dividends from mining proceeds. Graystone seeks to differentiate itself in the U.S. market by providing a compliant and audited platform for Bitcoin mining. They aim to expand operations without diluting existing shareholders, positioning themselves as a leader in the industry.

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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.

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Graystone Company, Inc. (OTC: GYST) announced its Bitcoin mining operations, initiated on May 20, 2021, are now generating revenue. The company aims to add 1,000 Terrahash (TH/s) in September, advancing toward a goal of 50,000 TH/s by year-end and 1,000,000 TH/s by 2024. Expected annual revenue from 1,000 TH/s is approximately $107,280, with net revenue projected at $87,000. Total anticipated gross revenue from 50,000 TH/s stands at $5,377,226. This financial outlook hinges on current Bitcoin prices, mining difficulty, and equipment costs.

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Graystone Company, Inc. (OTC: GYST) announced a goal to achieve 1,000,000 Terahash (TH/s) in Bitcoin mining capacity by 2024. The company has already secured 1,000 TH/s and updated its annual targets to 50,000 TH/s in 2021 and 150,000 TH/s in 2022. The operational expense for mining ranges from $1.70 to $1.80 per TH/s per month, setting a breakeven Bitcoin price between $9,000 and $10,000.

The Bitcoin mining operation commenced in May 2021, with initial equipment expected by September 2021.

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Graystone Company (OTC: GYST) has launched a newly updated website focusing on its Bitcoin mining operations, which began in May 2021. The company expects the arrival of key mining equipment in September 2021 and has set ambitious year-over-year goals for its mining capacity, aiming for 50,000 Terahash (TH/s) in 2021 and 150,000 TH/s in 2022, with a long-term goal of 1,000,000 TH/s by 2024. An introductory video about the mining operation is now available on YouTube, further promoting the company's strategic direction in the cryptocurrency sector.

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Graystone Company (OTC: GYST) has partnered with the National Forest Foundation to plant trees in U.S. National Forests, beginning with a donation to plant 1,000 trees. This initiative aims to reduce the carbon footprint of its Bitcoin mining operations by sequestering carbon and removing air pollutants. The company plans to eventually plant at least one million trees annually as part of its sustainability efforts. Graystone emphasizes the importance of responsible environmental practices in the context of its Bitcoin mining operations.

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Graystone Company, Inc. (OTC: GYST) has begun acquiring Bitcoin mining capacity, starting with 1,000 Terrahash (TH/s) aimed at a larger goal of 50,000 TH/s in 2021 and 100,000 TH/s in 2022. This initial acquisition is expected to generate approximately 0.005 BTC ($221.23) daily. The acquisition cost was $49,445, paid by the CEO. The mining operations will have maintenance and power costs of $1.69 per TH/s monthly, equating to $1,690 per month. The breakeven price for Bitcoin is projected at $23,640 over 36 months of equipment use.

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Graystone Company, Inc. (OTC: GYST) announced the creation of a new subsidiary, Graystone Mining, Inc., dedicated to Bitcoin mining operations. The company plans to acquire 50,000 Terahash (TH/s) in 2021, estimating daily revenue of $17,500 based on current Bitcoin prices. Estimated daily power costs are projected at $2,816. The subsidiary's performance will focus on calculating acquisition and power costs, with the company confident that these operations will enhance shareholder value.

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Graystone Company, Inc. (OTC: GYST) announced plans to enter the Bitcoin mining sector, aiming to establish operations in Miami, Florida. This decision follows the city's cryptocurrency incentives introduced in February 2021. Leveraging its CEO's experience in Bitcoin mining since 2019, the company views this move as a strategic hedge against its existing Health and Wellness division. Additionally, they will revise their recent Reg A filing to incorporate this new division. Further updates will be provided in subsequent press releases.

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FAQ

What is the current stock price of GRAYSTONE CO A (GYST)?

The current stock price of GRAYSTONE CO A (GYST) is $0.0047 as of April 16, 2024.

What is the market cap of GRAYSTONE CO A (GYST)?

The market cap of GRAYSTONE CO A (GYST) is approximately 361.8K.

What is the core business of GRAYSTONE CO INC A?

The core business of GRAYSTONE CO INC A is [core business], focusing on delivering high-quality products and services in the [industry/sector].

What recent achievements has GRAYSTONE CO INC A accomplished?

GRAYSTONE CO INC A has recently completed [recent projects] and established partnerships with [key partners], showcasing its commitment to innovation and growth.

What current projects is GRAYSTONE CO INC A involved in?

The company is currently engaged in [current projects], aimed at expanding its market presence and enhancing shareholder value.

How is the financial condition of GRAYSTONE CO INC A?

GRAYSTONE CO INC A maintains a stable financial condition, supported by [financial highlights, e.g., revenue growth, profit margins].

What products or services does GRAYSTONE CO INC A offer?

GRAYSTONE CO INC A offers a diverse portfolio that includes [products/services], meeting various customer needs in the [industry/sector].

Who are the key partners of GRAYSTONE CO INC A?

The key partners of GRAYSTONE CO INC A include [key partners], with whom the company has forged strategic partnerships to drive growth.

What sets GRAYSTONE CO INC A apart from its competitors?

GRAYSTONE CO INC A stands out due to its dedication to quality, customer satisfaction, and its innovative approach in the [industry/sector].

What is the primary goal of GRAYSTONE CO INC A's current projects?

The primary goal of the current projects is to expand the company's market presence and enhance shareholder value.

How does GRAYSTONE CO INC A ensure customer satisfaction?

The company ensures customer satisfaction by delivering high-quality products and services tailored to meet various market needs.

What opportunities is GRAYSTONE CO INC A exploring for expansion?

GRAYSTONE CO INC A is exploring new opportunities for expansion within the [industry/sector], focusing on innovative solutions and strategic partnerships.

GRAYSTONE CO INC A

OTC:GYST

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361.84k
170.54M
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