$BFCH: BIG NEWS---BitFrontier Capital Holdings, In
Post# of 103017
Fredericksburg, VA, June 24, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- BitFrontier Capital Holdings, Inc. (OTC: BFCH) announced today that it has filed an Amendment to its Articles of Incorporation with the State of Wyoming to reduce its Authorized Shares from 17,500,000,000 (17.5 Billion) to 495,000,000 (495 Million).
The Company expects the amendment to post to the Wyoming Secretary of State website this week. Once updated, the Company will have its transfer agent update the share structure and post the new Authorized Share count to OTC Markets.
Additionally, the Company will be attending the Bitcoin2019 conference in San Francisco on June 25th and 26th to meet with other industry leaders and secure strategic connections. Detail on the conference may be seen at: https://www.bitcoin2019conference.com/ Updates will be posted on our twitter account at https://twitter.com/BitFrontierInc
About BitFrontier Capital Holdings, Inc.
BitFrontier Capital Holdings business plan is to concentrate on cryptocurrency related investments and development opportunities through cryptocurrency mining, investments in private and/or public entities, joint ventures and acquisitions of blockchain related companies. BitFrontier Capital Holdings has two wholly owned operating subsidiaries, BitFrontier Capital Investments, Inc. and BitFrontier Technologies, Inc. Through the Company's wholly owned subsidiary, BitFrontier Technologies, Inc., the Company plans to build a warehouse specifically designed for hosting cryptocurrency mining equipment. Cryptocurrency mining (e.g. bitcoin mining) entails running ASIC (application-specific integrated circuit) servers or other specialized servers which solve a set of prescribed complex mathematical calculations in order to add a block to a blockchain and thereby confirm digital asset transactions. A party which is successful in adding a block to the blockchain is awarded a fixed number of digital assets in return.
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https://www.otcmarkets.com/stock/BFCH/news/st...id=1383140