DGAP-News: Stockholm IT Ventures AB / Key word(s): Miscellaneous STOCKHOLM, SWEDEN (1 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 its airdrop date for its Bytemine token sale on April 20. For updated information about Bytemine follow them on Telegram: @bytemine or https://t.me/bytemine. On Wednesday, March 7, Stockholm IT Ventures will disclose more details about how the free Bytemine tokens are going to be distributed during the upcoming airdrop. "We are pioneering a faster and safer crypto world for miners to thrive and keep the blockchain alive," said Anthony Norman, CEO, Stockholm IT Ventures. "The instability and high cost of the current environment is significantly impacting market growth. Our Bytemine tokens will use clean energy at far less power consumption, reducing barriers to entry making it easier and less expensive for more miners to mine." Stockholm IT Ventures will use the money raised through its ICO to further its commitment to clean-energy mining with a vast majority of the raised funds will be allocated to mining infrastructure. The remaining funds will go towards research and development and administrative needs. 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. You can also purchase their Bytemine tokens at https://www.bytemine.io/. # # # Media Contacts: Vibrate Communications for Stockholm IT Ventures leslie@vibratecommunications.com tyrone@vibratecommunications.com
01.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Stockholm IT Ventures AB |
Vikdalsgränd 10A | |
131 27 Nacka Strand | |
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 |
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