DGAP-News: Stockholm IT Ventures AB / Key word(s): Miscellaneous
Stockholm IT Ventures AB: STOCKHOLM IT VENTURES ANNOUNCES DATE FOR BYTEMINE TOKEN AIR DROP

01.03.2018 / 13:00
The issuer is solely responsible for the content of this announcement.


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/.
 
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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.
The issuer is solely responsible for the content of this announcement.

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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

659407  01.03.2018 

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