NetworkNewsBreaks – SinglePoint, Inc. (SING) Ent
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Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using their existing web-enabled point-of-sale devices. Per the update, the acquisition, priced at $1 million all stock, is expected to provide SinglePoint with a full end-to-end purchasing experience that supplies merchants and bitcoin users with unprecedented capabilities. “We are thrilled with this opportunity,” Wil Ralston, president of SinglePoint, stated in the news release. “Acquiring Bitcoin Beyond put us ahead of what we believe merchants have access to now. This platform has by far the easiest user interface we have seen in the market, and we are confident merchants will be quick to adopt this solution as it stands as the sole alternative to traditional options offered to the cannabis industry.”
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