{"id":471576,"date":"2021-04-06T08:03:41","date_gmt":"2021-04-06T12:03:41","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471576"},"modified":"2021-04-06T08:03:41","modified_gmt":"2021-04-06T12:03:41","slug":"graystone-company-announces-move-into-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/graystone-company-announces-move-into-bitcoin-mining\/","title":{"rendered":"Graystone Company Announces Move Into Bitcoin Mining"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">FORT LAUDERDALE, Fla.<\/span>, <span class=\"xn-chron\">April 6, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Graystone Company, Inc. (OTC: GYST) announced today its intention to move into Bitcoin Mining with the objective of setting up operations in <span class=\"xn-location\">Miami, Florida<\/span>.<\/p>\n<p>In <span class=\"xn-chron\">February 2021<\/span>, the <span class=\"xn-location\">City of Miami<\/span> began offering incentives to businesses in the crypto industry including mining operations (link to Mayor&#8217;s interview).\u00a0Graystone&#8217;s CEO has been involved in the cryptocurrency space including Bitcoin mining since 2019. <\/p>\n<p>The company feels it would be remiss if it did not take advantage of its experience and knowledge in this field and pursue this opportunity, especially considering the recent shift in momentum within the cryptocurrency industry.\u00a0With that in mind, the company will be pursuing BTC mining as a hedge against its Health and Wellness line.\u00a0This will allow the company the flexibility to move in whatever direction is most favorable over the long term.\u00a0 <\/p>\n<p>This adjustment to the business plan will require a revision to our recent Reg A filing.\u00a0As such, the company will cease any offerings under the Reg A filing and will begin working on a Post-Effective Amendment that will include the new division.\u00a0 <\/p>\n<p>Further details will be provided in our next press release.\u00a0The company thanks each of you for your ongoing support and looks forward to sharing more with you soon.<\/p>\n<p>About The Graystone Company, Inc.<br \/>Graystone Company operates two divisions:\u00a0(1) BitCoin mining operations and (2) Wellness, Longevity and Anti-Aging product line.\u00a0The Graystone Company, Inc. (OTC PINK:GYST) is headquartered in <span class=\"xn-location\">Fort Lauderdale, FL.<\/span>, and can be reached at <a target=\"_blank\" href=\"http:\/\/www.thegraystonecompany.com\/\" rel=\"nofollow noopener noreferrer\">www.thegraystonecompany.com<\/a>\u00a0or by phone at (954) 271-2704.<\/p>\n<p>\n        <u>Notice Regarding Forward-Looking Statements<\/u>\u00a0in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. <\/p>\n<p>For more information:<br \/>Graystone Company<br \/>Email: <a target=\"_blank\" href=\"mailto:info@thegraystonecompany.com\" rel=\"nofollow noopener noreferrer\">info@thegraystonecompany.com<\/a><br \/>Phone: +1\u00a0(954) 271-2704<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN32255&amp;sd=2021-04-06\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/graystone-company-announces-move-into-bitcoin-mining-301262222.html\">http:\/\/www.prnewswire.com\/news-releases\/graystone-company-announces-move-into-bitcoin-mining-301262222.html<\/a><\/p>\n<p>SOURCE  Graystone Company, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN32255&amp;Transmission_Id=202104060800PR_NEWS_USPR_____LN32255&amp;DateId=20210406\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire FORT LAUDERDALE, Fla., April 6, 2021 \/PRNewswire\/ &#8212;\u00a0Graystone Company, Inc. (OTC: GYST) announced today its intention to move into Bitcoin Mining with the objective of setting up operations in Miami, Florida. In February 2021, the City of Miami began offering incentives to businesses in the crypto industry including mining operations (link to Mayor&#8217;s interview).\u00a0Graystone&#8217;s CEO has been involved in the cryptocurrency space including Bitcoin mining since 2019. The company feels it would be remiss if it did not take advantage of its experience and knowledge in this field and pursue this opportunity, especially considering the recent shift in momentum within the cryptocurrency industry.\u00a0With that in mind, the company will be pursuing BTC mining as a hedge against its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/graystone-company-announces-move-into-bitcoin-mining\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Graystone Company Announces Move Into Bitcoin Mining&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-471576","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Graystone Company Announces Move Into Bitcoin Mining - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/graystone-company-announces-move-into-bitcoin-mining\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Graystone Company Announces Move Into Bitcoin Mining - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire FORT LAUDERDALE, Fla., April 6, 2021 \/PRNewswire\/ &#8212;\u00a0Graystone Company, Inc. (OTC: GYST) announced today its intention to move into Bitcoin Mining with the objective of setting up operations in Miami, Florida. In February 2021, the City of Miami began offering incentives to businesses in the crypto industry including mining operations (link to Mayor&#8217;s interview).\u00a0Graystone&#8217;s CEO has been involved in the cryptocurrency space including Bitcoin mining since 2019. The company feels it would be remiss if it did not take advantage of its experience and knowledge in this field and pursue this opportunity, especially considering the recent shift in momentum within the cryptocurrency industry.\u00a0With that in mind, the company will be pursuing BTC mining as a hedge against its &hellip; Continue reading &quot;Graystone Company Announces Move Into Bitcoin Mining&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/graystone-company-announces-move-into-bitcoin-mining\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-06T12:03:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN32255&amp;sd=2021-04-06\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/graystone-company-announces-move-into-bitcoin-mining\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/graystone-company-announces-move-into-bitcoin-mining\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Graystone Company Announces Move Into Bitcoin Mining\",\"datePublished\":\"2021-04-06T12:03:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/graystone-company-announces-move-into-bitcoin-mining\\\/\"},\"wordCount\":410,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/graystone-company-announces-move-into-bitcoin-mining\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=LN32255&amp;sd=2021-04-06\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/graystone-company-announces-move-into-bitcoin-mining\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/graystone-company-announces-move-into-bitcoin-mining\\\/\",\"name\":\"Graystone Company Announces Move Into Bitcoin Mining - 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