DGAP-News: Stockholm IT Ventures AB / Key word(s): Miscellaneous
Stockholm IT Ventures AB: STOCKHOLM IT VENTURES AB ANNOUNCES THE RELEASE OF ITS BYTEMINE WHITE PAPER

19.03.2018 / 10:23
The issuer is solely responsible for the content of this announcement.


STOCKHOLM, SWEDEN (19 March, 2018) - Stockholm IT Ventures AB (ISIN SE 0006027546 - Frankfurt Stock Exchange: SVAB), a Swedish technology company specialising in clean and efficient low-cost energy cryptocurrency mining, today announced the release of its white paper for its cryptocurrency, Bytemine. The Bytemine token is one of the first hybrid airdrops. It's unique combinations of operational efficiencies, token creation, and bleeding edge technology are blazing a new path forward for a safer, more reliable infrastructure for mining and production. The white paper can be found on the Bytemine web site: www.bytemine.io; it will be updated on an ongoing basis as warranted.

"We are at a tipping point in the ecosystem of our financial markets and socially sustainable business practices," said Anthony Norman, CEO, Stockholm IT Ventures. "Our focus is to create a long-term solution that enables more stability for crypto mining using less natural resources while simultaneously driving forward an aggressive agenda of growth for our shareholders and the cryptocurrency industry overall."
 
In its white paper, Stockholm IT Ventures outlines the company's diverse business model that will drive forward its vision as a global leader in 100% green energy crypto mining.  It spans three revenue streams to enhance shareholder value as well as for investors wanting the benefits of blockchain secured environments with the stability of more traditional investments such as commodities. These include: Cryptotech BTC Mining, Hosted Mining, BTC and Alt Coins, and Commodity Coins.
 
About Stockholm IT Ventures AB
Stockholm IT Ventures AB is a Swedish public company listed on the Frankfurt Stock Exchange since 2014 under the ticker symbol SVAB. The company focuses on clean and efficient low-cost energy cryptocurrency mining and production, and in blockchain related technology. All mining activities shall use clean and sustainable energy from hydro power stations in Northern Europe, requiring up to 80% less energy compared to ordinary mining for Bitcoin. The Stockholm IT Ventures stock represents a green investment in cryptocurrency technology. For more information, visit www.stockholmit.co. You can also find them on Facebook, Twitter and LinkedIn.
 
Media Contacts:
Vibrate Communications for Stockholm IT Ventures
leslie@vibratecommunications.com
tyrone@vibratecommunications.com


19.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Stockholm IT Ventures AB
Tegeluddsvägen 31
115 40 Stockholm
Sweden
Phone: +44 207 148 6262
Internet: www.stockholmit.co
ISIN: SE0006027546
WKN: A116BG
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

665469  19.03.2018 

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