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iMD Companies, Inc. (OTC: ICBU) announced its entry into the NFT market by launching its first NFT auction in Q1 2022. This NFT features signatures from notable artists including Glenn Frey and Joe Walsh, enhancing its uniqueness. CEO Rick Wilson expressed optimism about the company's foray into NFTs and blockchain technology, citing growing enthusiasm in this sector. iMD aims to integrate NFTs and blockchain assets into its portfolio, positioning itself strategically within a booming market as part of its broader focus on acquisitions and technology development.
iMD Companies, Inc. (OTC: ICBU) has upgraded its server mining rigs and implemented solar-powered crypto mining to reduce costs. The company will focus on mining Bitcoin, Ethereum, ADA Cardano, Litecoin, and Bitcoin Cash, citing market growth. iMD is developing its own crypto coin, expected to launch by the end of the month, with an initial offering of 110,000,000 coins backed by various assets. This coin will support trading and financial transactions, aiming to build a robust coin ecosystem and engage shareholders in upcoming NFT auctions.
iMD Companies, Inc. (OTC: ICBU) announced the upgrade of its mining operations to include new hardware for bitcoin and alternative coins, aiming to increase revenue. The company is developing its own cryptocurrency, the iMD Coin, set for release with an initial offering of 100 million coins backed by a variety of assets including bitcoin and ethereum. Additionally, iMD plans to launch its own exchange within four to six weeks, facilitating trading and transactions within its ecosystem. Regular updates will be provided to shareholders regarding the coin's launch and NFT auctions.
iMD Companies, Inc. (OTC: ICBU) has announced the approval to develop its own cryptocurrency, the iMD Crypto Utility/Asset Coin, aiming for a launch of approximately 100 million coins. This new coin will facilitate trading and financial transactions, backed by a basket of assets including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Alongside this initiative, the company plans to establish its own exchange and utilize its coin for NFT transactions. iMD will provide updates on this project as well as on its farming and mining operations in Utah.
iMD Companies, Inc. (OTC: ICBU) announced a Master Network Service Agreement lease with an Orem, Utah Data Center to enhance its Chia plotting and farming operations. The agreement, effective June 1st, allows the company to utilize a high-speed Fiber internet connection, expected to boost farming efficiency. The initial setup will feature a 500 hard drive capacity enclosure, with plans to source an additional 1000 hard drives within two months. The company is also negotiating with a high-end pooling company to support its Chia farming expansion.
iMD Companies, Inc. (OTC: ICBU) is pivoting its focus towards farming Chia cryptocurrency coins. The company has reported consistent success in generating Chia coins since its operations began, with plans to expand its storage capacity to over a petabyte by May. The shift aligns with a broader market trend as nations are increasingly adopting Chia due to its low energy requirements and financial applications. iMD aims to optimize its farming configurations through collaboration with a Utah data center, with expected results in the coming week, hoping this strategy will enhance revenue streams.
iMD Companies, Inc. (OTC: ICBU) has confirmed a reduction of 200 million common stock shares with its Transfer Agent. This update aligns with the company's strategic shift towards the cryptocurrency and blockchain sectors. The profile on OTC Markets has been amended to reflect this share reduction and the company's new direction. Additionally, iMD Companies is expanding its cryptocurrency farming operations and anticipates announcing significant developments soon. The company aims to position itself as a holding entity for acquisitions and technology development in these emerging markets.
iMD Companies, Inc. (OTC: ICBU) has launched a new cryptocurrency farming operation in Lehi, Utah, expanding its previous operations in Phoenix, Sacramento, and the San Francisco Bay Area. The company is exploring a collaboration with a third-party data center to potentially boost its farming capacity by over 100 times. They are also utilizing new Threadripper CPU technology to enhance performance further. CEO Rick Wilson expressed confidence in achieving superior results in the cryptocurrency market.
iMD Companies, Inc. (OTC: ICBU) announced the addition of Troy Kearl as advisor to the Board of Directors, enhancing its expertise in cryptocurrency and blockchain marketing. Kearl, known for helping businesses transition into the crypto market, aims to guide iMD through its new phase of growth. The company also revealed plans to retire 200 million common shares, which is expected to be completed soon. This strategic move aims to streamline capital structure and potentially enhance shareholder value.
iMD Companies, Inc. (OTC: ICBU) has officially entered the cryptocurrency market, establishing a division for blockchain development, server farms, and application design. The company has invested in advanced server technology located in the San Francisco Bay Area and Sacramento. Acknowledging the swift acceptance of cryptocurrency, iMD plans to add management personnel to support this initiative. CEO Rick Wilson expressed excitement about the company’s future and its investments in top-tier technology for cryptocurrency farming.
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