Graystone Company Announces It Has Executed Master Purchase Agreement For Acquisition and Hosting Of Bitcoin Mining Equipment
24 December 2021 - 12:00AM
InvestorsHub NewsWire
Fort Lauderdale, FL
-- December 23, 2021 -- InvestorsHub NewsWire
-- Graystone Company, Inc. (OTC:
GYST) announces that it has executed a Master Purchase
Agreement with Blockware Solutions. The Agreement provides for the
acquisition, installation, hosting and maintenance of Graystone's
Bitcoin Mining equipment.
"We are excited
to be working with one of the industry leaders in Bitcoin and
Cryptocurrency mining, that offer services in the United States,"
said Anastasia Shishova, CEO of The Graystone Company. "In addition
to acquiring mining equipment, the agreement allows for hosting
with flexible terms at a low-cost facility. We are looking forward
to growing our mining operations alongside Blockware and have
confidence in our long-term partnership with them as they also
become one of the largest US-Based mining
pools."
Under the
agreement Blockware Solutions will provide Graystone with reliable
access to inexpensive electricity, this key feature allows us to
mine more profitably than most of its North American competitors
and provide hosting services at competitive price point. Having the
cost certainty, created by uninterrupted access to affordable
power, will enable the Company to execute on all our short and
long-term business strategies. As a part of the Company's 10-year
growth plan, the agreement will position Graystone to adapt to
market downturns better than its competitors, while also earning
significantly higher returns during bull cycles. A copy of the agreement can be found
on the SEC's website at: https://www.sec.gov/Archives/edgar/data/0001510524/000147793221009328/0001477932-21-009328-index.htm
About The Graystone Company, Inc.
The
Graystone Company has two distinct lines of business: (1) Bitcoin
Mining; and (2) sale and hosting of Bitcoin mining equipment. The
Company launched its Bitcoin Mining operation in May 2021 and began
selling mining equipment in October 2021. The Company's Bitcoin
mining wallet address can be viewed at anytime using this
link: https://www.blockchain.com/btc/address/32nWKSce24EPUGXnkfqVdvUyWbrVUmwpAr
Corporate
Website: www.thegraystonecompany.com
Corporate
Twitter: https://twitter.com/TheGraystoneco
Graystone Mining Twitter: https://twitter.com/Graystonemining
*Revenue related calculations. Please note that the Company believes
that any revenue related calculations are accurate and based on
factual information, there can be no assurance that the Company
will be able to achieve all projections due to number of
business-related factors, such as equipment pricing, mining
equipment availability, bitcoin mining difficulty, bitcoin market
pricing and other unforeseen issues in deploying its mining
rigs.
You can view update
information on Bitcoin Mining by visiting https://alloscomp.com/bitcoin/calculator
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
Anastasia Shishova
Email:
info@thegraystonecompany.com
Phone: (954)
271-2704
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