BitFrontier Capital Holdings Prepares For Cryptocurrency Revival, Nears Commencement of First Construction on Virginia-Based Cryptomining Facility -- Spotlight Growth

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Sacramento, CA, Sept. 14, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Spotlight Growth has published new content on BitFrontier Capital Holdings, Inc. (OTC PINK: BFCH). BitFrontier Capital Holdings operates as a cryptocurrency holding company, which currently has two wholly-owned subsidiaries: BitFrontier Capital Investments, Inc. and BitFrontier Technologies, Inc. The Capital Investments division will focus on making investments into public/private companies, acquiring blockchain companies, joint ventures, and more. The Technologies division will house the company’s cryptomining operations and facilities.

The report provides an overview of BitFrontier Capital Holdings, its subsidiaries, the history of Bitcoin crashes, analysis of current cryptocurrency climate, and more. 

Fundstrat CEO  is a very notable Bitcoin bull that is often featured on CNBC for his insight and history of handful of successful predictions in crypto space. In January 2018, Lee initially predicted that Bitcoin would hit $25,000 by the end of 2018. However, a few months later, the Wall Street analyst cut his end-year price target to $22,000. 

Just in the past week, Tom Lee told CNBC that he “still thinks it’s possible” that Bitcoin could hit the $25,000 mark by the end of 2018. Lee noted the strong correlation between the underlying price of Bitcoin and the emerging markets sector. 

“Both really essentially peaked early this year, and they both have been in a downward trend… Until emerging markets begin to turn, I think in some ways that correlation is going to hold and tell us that sort of the risk on mentality is those buyers aren’t buying Bitcoin,” says Tom Lee.

It is also important to mention that Bitcoin has seen its fair share of crashes and bull-runs over its 10-year history. According to , Bitcoin has suffered at least thirteen different crashes that resulted in losses of 30% or greater. 

The worst Bitcoin crash took place between November 30, 2013 and January 14, 2015, in which the cryptocurrency saw prices dive from $1,163 to $152.40. This drop represented a loss of 87% over a 411-day period. 

The second worst Bitcoin crash came during April 10, 2013 to April 12, 2013, when prices collapsed 83% over a three-day period. Bitcoin’s price dropped from $259.34 to $45.00 during the “flash collapse.”

Bitcoin’s history of crash and recovery is well-documented, yet many people seem to question if something is different this time around. There is no doubt that Bitcoin and cryptocurrency, in general, has some serious volatility concerns, but adoption and public interest has only continued to explode over the past decade. 

BitFrontier Capital Holdings continues to be extremely focused on progressing on its cryptomining facility, which is located on 1.3 acres of industrial land in Virginia. Management notes that the site has been cleared and the next stages of the process are currently underway. Over the Summer, management has been extremely active with obtaining all the necessary permits, paperwork, utilities, and other government approval in order to properly construct and run the mining facility. 

Once construction is complete, the  will be able to store around 112 network server racks, which will hold 18 miners per rack for a total of 2,016 mining machines per facility. Management currently plans to construct as many as five total cryptomining facilities, which would be able to hold around 10,080 total cryptomining machines.  

In recent news:

20th- BitFrontier Capital Holdings, Inc. announced that its  offering had been officially qualified by the Securities and Exchange Commission (SEC). This allowed the company to effectively begin collecting on its Reg A offering in order to secure funding for construction, mining machine purchases, etc. 

29th- BitFrontier Capital Holdings announced that it had signed a  for 1.3 acres of industrial land in Virginia. About 1 acre of the total land will be fenced in and secured from outside entry. 

“This building site was selected over other potential locations for several key factors:

7th- The company announced that it had retained Hathaway & Kunz, LLP to be the company’s special counsel with regards to  of BitFrontier’s common share count. Specifically, management is looking to cancel 12.26 billion shares of BFCH (which makes up nearly 99% of total outstanding shares), which was allegedly “improperly issued shares by former management.” The special counsel is expected to file a Complaint for Declaratory Judgement to cancel the 12.26 billion shares with the court system shortly. 

BitFrontier Capital Holdings was also recently featured on an episode on our online web-series, Spotlight Growth Live. To view the video, please visit: 

For more information on BitFrontier Capital Holdings, please visit  and  

Disclaimer:

Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.

All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated four thousand dollars worth of restricted common stock for the creation and dissemination of this content.

This material does not represent an investment solicitation. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.

The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings.  Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.

Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit:

Matt Rego
9165257147
mrego@spotlightgrowth.com

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Globe Newswire: 13:00 GMT Friday 14th September 2018

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