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Globe and Mail
3 days ago
- Business
- Globe and Mail
Bitcoin Bancorp Unveils New Brand Identity, Positioning Itself as a Leader in the $4.25 Trillion Cryptocurrency Market
LAS VEGAS, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Bitcoin Bancorp. (OTC: BULT) ('Bitcoin Bancorp' or the 'Company'), formerly Bullet Blockchain, Inc., today announced its rebranding to Bitcoin Bancorp, effective immediately. This strategic name change underscores the Company's commitment to leading the $4.25 trillion cryptocurrency market through its nationwide Bitcoin ATM network, exclusive patents, and innovative fintech solutions. Aligning with Pro-Crypto Policies Under the Trump Administration In alignment with the Trump administration's recent executive orders establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, as well as broader initiatives to support the growth of the U.S. crypto industry, Bitcoin Bancorp is well-positioned to capitalize on this favorable regulatory landscape. The personal involvement of the Trump family in cryptocurrency ventures, including co-founding World Liberty Financial, underscores the growing mainstream acceptance and momentum in the crypto sector, aligning perfectly with Bitcoin Bancorp's mission to drive innovation and accessibility. On March 6, 2025, President Donald Trump signed Executive Order 14233, titled 'Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile,' marking a seismic shift in U.S. policy toward cryptocurrencies. This executive order, which was codified by Congress in H.R. 3798 and signed into law, aims to position the United States as a leader in the global digital asset landscape by creating two distinct custodial accounts: the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. Below is a detailed overview of these initiatives based on available information. Strategic Bitcoin Reserve The Strategic Bitcoin Reserve is designed to treat Bitcoin (BTC) as a strategic national asset, often referred to as a 'digital Fort Knox.' It is capitalized with nearly 200,000 BTC, valued at roughly $17 billion as of early March 2025, primarily accumulated through criminal and civil forfeiture proceedings by the Department of the Treasury. Key aspects include: Purpose and Policy: The order recognizes Bitcoin's fixed supply of 21 million coins and its unhacked security record, likening it to 'digital gold.' It establishes a policy to retain these assets as a long-term store of value, prohibiting their sale except in specific circumstances, such as returning assets to victims of crime, supporting law enforcement operations, or meeting legal requirements under statutes like 31 U.S.C. §9705. Administration: The Secretary of the Treasury is tasked with establishing an office to administer and maintain control of the reserve. Within 30 days of the order, federal agencies must review their authority to transfer seized BTC to this reserve and provide a full accounting of their digital asset holdings. Within 60 days, the Treasury must evaluate legal and investment considerations, including potential legislative needs. Acquisition Strategy: The order directs the Secretaries of Treasury and Commerce to develop budget-neutral strategies for acquiring additional BTC without imposing costs on taxpayers. However, no open-market purchases were authorized, contrary to some market expectations, which led to a temporary Bitcoin price drop from $92,400 to $84,971 before stabilizing around $88,000. U.S. Digital Asset Stockpile The U.S. Digital Asset Stockpile encompasses all other digital assets (excluding BTC) forfeited to the Department of the Treasury through criminal or civil proceedings. Key details include: Scope and Management: Unlike the Bitcoin Reserve, the Stockpile allows the Secretary of the Treasury discretion to determine 'responsible stewardship' strategies, which may include liquidation. The government is explicitly prohibited from acquiring additional non-BTC digital assets for the Stockpile beyond forfeiture proceedings without further executive or legislative action. Administration: Similar to the Bitcoin Reserve, an office within the Treasury will manage the Stockpile. Agencies must report their holdings and transfer authorities within 30 days. Full content of the Order is available here: Driving Cryptocurrency Adoption The global cryptocurrency market, currently valued at $4.25 trillion at the time of this release, is projected to continue to grow at a rapid pace while worldwide adoption is still in its infancy. Bitcoin, with a $2.45 trillion market cap, ranks as the world's fifth-largest asset, fueling demand for accessible crypto solutions. Bitcoin Bancorp is capitalizing on this growth by expanding its Bitcoin ATM network and introducing AI-driven financial products. 'Our rebrand and changing of the company's name to Bitcoin Bancorp better reflects our strategic vision to shape the future of Bitcoin-powered services,' said Eric Noveshen, Interim CFO of Bitcoin Bancorp. 'With over an estimated 650 million worldwide crypto users currently and Bitcoin's payment ecosystem expected to reach $3.79 trillion by 2031, we are building the infrastructure to make Bitcoin accessible to everyone.' Why Bitcoin Bancorp? The rebrand aligns with Bitcoin Bancorp's mission to become the leading Bitcoin ATM and crypto financial education provider in the U.S. and beyond. Key initiatives include: Network Expansion: Scaling its proprietary, patented Bitcoin ATMs and ecosystem. Patent Monetization: Enforcing U.S. Patent Nos. US9135787B1 and US10332205B1 for market leadership. Crypto Fintech Innovation: Offering stablecoin withdrawals, digital wallets, bill pay, and remittance services. Educational Content: Producing resources to drive crypto adoption. Tangem Partnership: Enhancing secure crypto storage through a recently announced collaboration with to enhance secure crypto wallet offerings, further strengthening Bitcoin Bancorp's crypto ecosystem. The global crypto ATM market is expected to surpass $10 billion by 2030, with North America leading in deployment. Bitcoin Bancorp's patented technology and ATM-as-a-Service model position it to capture significant market share. A Robust Financial Strategy Bitcoin Bancorp is introducing: ATM-as-a-Service: Revenue-sharing opportunities for retail partners. Subscription Services: Tailored for ATM hosts and exchange providers. High-Margin Add-Ons: Bitcoin-based debit products, tax reporting tools, and compliance integrations. Future-Ready: Crypto Meets Banking With Bitcoin hitting all-time highs and institutional adoption accelerating, Bitcoin Bancorp is creating accessible entry points through: Self-Service Kiosks: Expanding into retail, travel, and hospitality sectors. Biometric Security: Enhancing transaction safety. Bitcoin Rewards Ecosystem: Integrating with third-party platforms. DeFi Lending: Exploring ATM-linked lending products. Investor Opportunity The Company has already filed its change of name with the Secretary of State of the State of Nevada. The Company intends to file the required updates with FINRA over the coming weeks. The rebrand signals Bitcoin Bancorp's position as a premier public company at the intersection of Bitcoin, fintech, and infrastructure. Investors in BULT stock will experience no disruption, with ticker symbol updates to be announced soon. Visit OTC Markets for details. Shareholders and the public can explore secure crypto wallet options through our Tangem partnership at special discounts to our shareholders and fans at Bitcoin Bancorp Leadership in Bitcoin ATM Technology Bitcoin Bancorp holds foundational patents for Bitcoin ATMs which are critical to the operation of Bitcoin ATMs across North America. As previously announced, Bitcoin Bancorp f/k/a Bullet Blockchain acquired First Bitcoin Capital LLC, gaining ownership of an intellectual property portfolio that includes two Bitcoin ATM patents. By virtue of its subsidiary, First Bitcoin Capital LLC, Bitcoin Bancorp holds the exclusive rights to U.S. Patent Nos. US9135787B1 ('Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same') and US10332205B1 ('Bitcoin kiosk/ATM device and system and method of using the same'), which are critical to the operation of Bitcoin ATMs across North America. As one of only three publicly traded Bitcoin ATM network owner/operators in the U.S., Bitcoin Bancorp's licensed Bitcoin ATM network is rapidly growing, with a recent acquisition of Bitcoin ATMs operation in South Florida, establishing its presence in multiple states. Bullet Bitcoin ATM network of 200+ ATMs and growing, enables users to purchase and sell cryptocurrencies using cash, debit, or credit cards, providing a seamless bridge between fiat and digital currencies. About Bitcoin Bancorp Headquartered in Las Vegas, Nevada, Bitcoin Bancorp's – common stock is publicly traded on the OTC Markets under the symbol (BULT) – is a diversified software development and BaaS company, specializing in blockchain technologies and Web 3.0, and though its wholly owned subsidiary, First Bitcoin Capital LLC, the owner and licensor of two Bitcoin ATM patents. Bitcoin Bancorp's Bitcoin ATMs are operated by licensed third-party operators within the jurisdictions in which they reside. Bitcoin Bancorp is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions. Management is dedicated to rapid growth and increasing the shareholders' value. Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our OTC Markets' disclosures, press releases, public conference calls, and webcasts. We also use social media to communicate with our email subscribers and the public about Bitcoin Bancorp, services, and other related information. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in Bitcoin Bancorp to review the information we post on Bitcoin Bancorp's social media channels listed below. This list may be updated from time to time. For investor and general information, please email contact@ Follow us at: Find investor and general information at Forward-Looking Statements: Statements in this press release that are not statements of historical or current fact constitute 'forward-looking statements.' Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change at some point in the future. However, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as 'believes,' 'belief,' 'expects,' 'expect,' 'intend,' 'anticipate,' 'anticipates,' 'plans,' 'plans,' 'plan,' to be uncertain and forward-looking.
Globe and Mail
05-08-2025
- Business
- Globe and Mail
Bullet Blockchain Announces Strategic Initiatives to Accelerate Growth and Cement Market Leadership
LAS VEGAS, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (OTC: BULT) ('Bullet Blockchain' or the 'Company'), the only U.S. company holding foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, today announced a series of key strategic initiatives that management is pursuing to drive an aggressive expansion and align current and future stakeholders with the Company's long-term vision. 'We have a clear strategy to capitalize on the explosive growth of the crypto ATM market,' said Simon Rubin, CEO of Bullet Blockchain. 'Our primary focus is on four core pillars: (i) Expanding our operational footprint; (ii) Strengthening our leadership and governance; (iii) Securing the strategic capital necessary to fuel this growth; and, (iv) Forging strategic alliances for enhanced security and utility. 'These initiatives are designed to build a powerful foundation for Bullet Blockchain's future and reinforce our position as an industry innovator.' The first of these pillars is focused on a multi-pronged approach to scaling the Company's physical presence and network capacity. Expanding Our Operational Footprint Bullet Blockchain is actively pursuing opportunities to dramatically accelerate the deployment of its Bitcoin ATM network (a/k/a/ 'crypto ATM network'). Building on a successful start, the company is now focused on a multi-pronged approach to scaling its operations. This includes exploring opportunities to acquire and deploy a significant number of new and refurbished crypto kiosks from both manufacturers and operators. In tandem with this effort, management is in active discussions with a number of regional and national retail operators, including convenience stores and gas station chains, to secure distribution agreements. Such agreements would support a more rapid and strategic rollout of the Company's network, with the potential to significantly expand Bullet's presence across the country. The Company is committed to upholding the highest standards of corporate governance, intellectual property protection, and market compliance. To support these imperatives, Bullet Blockchain is actively engaging with highly qualified individuals to enhance its executive team and Board of Directors. This includes seeking out specialists in intellectual property to advise on strategies for enforcing and leveraging the company's foundational patents, as well as interviewing qualified candidates to join the Board. Further, management is actively seeking to engage new auditing firms with the intent of fast-tracking important compliance initiatives, signaling a clear path towards increased transparency and market status. To execute its aggressive growth plan, Bullet Blockchain is strategically pursuing a number of capital formation opportunities. This includes sourcing low-cost credit facilities, short-term loans, and traditional equity financing. The company is also evaluating the creation of a Strategic Bitcoin Treasury program to leverage future crypto acquisitions. Through these efforts, management has identified significant plausible capital resources to support its operations and fuel future growth. Bullet Blockchain is actively building a comprehensive, secure, and user-centric ecosystem through strategic partnerships. These alliances are focused primarily on two endeavors. One is focused on enhancing the customer experience by providing advanced security solutions for digital assets and crypto wallets. The other is facilitating new use cases such as efficient international remittances and developing new technology offerings that create greater visibility and secondary revenue streams. These initiatives position the company not just as a Bitcoin ATM operator, but as a holistic provider of modern crypto-financial services, ultimately transforming the crypto kiosk from a single-purpose device into a multi-faceted hub for digital finance and commerce. Building on a Vision of Proven Execution These initiatives collectively form the framework for Bullet Blockchain's strategy to move from intent to execution. With its foundational patents [Nos. US9135787B1 & US10332205B1 ], and a clear roadmap for growth, management is confident in the Company's ability to generate significant value for stakeholders while establishing Bullet Blockchain as a trusted and innovative, global leader, in the crypto ATM market—intricately intertwined in the overall fabric of digital financial services and fintech. Mr. Rubin, concluded, 'Our comprehensive strategy is built on a foundation of tangible pillars, not just ambition. We are committed to moving from strategic intent to proven execution, and we are confident that our roadmap will not only generate significant long-term value, but will also establish Bullet Blockchain as the definitive leader in both the traditional capital markets and digital financial services space.' Bullet Blockchain's Intellectual Property As previously announced, Bullet Blockchain acquired First Bitcoin Capital LLC, gaining ownership of an intellectual property portfolio that includes two Bitcoin ATM patents. By virtue of its subsidiary, First Bitcoin Capital LLC, Bullet Blockchain holds the exclusive rights to U.S. Patent Nos. US9135787B1 ('Bitcoin kiosk/ATM device and system integrating enrollment protocol and method of using the same') and US10332205B1 ('Bitcoin kiosk/ATM device and system and method of using the same'). These patents remain critical technologies for the operation and security of Bitcoin ATMs and their networks. Bullet Blockchain continues to advance its licensing initiatives, offering operators and manufacturers a variety of partnership models including transaction-based fees and revenue-sharing opportunities centered around its intellectual property. About Bullet Blockchain Headquartered in Las Vegas, Nevada, Bullet Blockchain Inc. – common stock is publicly traded on the OTC Markets under the symbol (BULT) – is a diversified software development and BaaS company, specializing in blockchain technologies and Web 3.0, and though its wholly owned subsidiary, First Bitcoin Capital LLC, the owner and licensor of two Bitcoin ATM patents. Bullet Blockchain's Bitcoin ATMs are operated by licensed third-party operators within the jurisdictions in which they reside. Bullet Blockchain is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions. Management is dedicated to rapid growth and increasing the shareholders' value. Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our OTC Markets' disclosures, press releases, public conference calls, and webcasts. We also use social media to communicate with our email subscribers and the public about Bullet Blockchain, services, and other related information. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in Bullet Blockchain to review the information we post on Bullet Blockchain's social media channels listed below. This list may be updated from time to time. For investor and general information, please email contact@ Find investor and general information at Forward-Looking Statements: Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change at some point in the future. However, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intend,' 'anticipate,' 'anticipates,' 'plans," "plans," "plan," to be uncertain and forward-looking.
Yahoo
05-06-2025
- Business
- Yahoo
Bullet Blockchain, Inc. to Present at Blockchain and Digital Assets Virtual Investor Conference on June 5, 2025
Company invites individual and institutional investors, as well as advisors and analysts, to attend its live, interactive presentation at RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (OTC: BULT), a leading innovator in blockchain technology and digital asset management, today announced that its management will present live at the Blockchain and Digital Assets Virtual Investor Conference, hosted by on June 5, 2025, at 2:30 PM ET. Event Details for BULT presentation: Date: Thursday, June 5, 2025 Time: 2:30 PM Eastern Time Location: REGISTER HERE This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at Recent Company Highlights Attended the Bitcoin2025 Conference – Furthered opportunities across many key aspects of operations including: wallet security partnerships, expansion and implementation of hardware/software capabilities, negotiating new hires and strategic partnerships with crypto focused companies. New C-Suite Executive – Appointed Eric Noveshen as the company's Executive Vice President and interim-Chief Financial Officer. Exclusive Cybersecurity Solution for Crypto ATMs – Executed exclusive partnership with Sailo Technologies CY Ltd., to integrate next-generation digital wallet security solutions into crypto ATMs—preventing fraud and affording users a seamless transaction experience. Continued Growth – Began operations in QT2 2023 acquiring 26 ATM Kiosks; ending year with 74 crypto ATMs and $1.68M in Revenue (exceeding year's projections). Closed 2024 year with 200 Crypto ATM Kiosks, operational in 6 states, and $2.21M in Revenue. About Bullet Blockchain, Blockchain, Inc. (OTC: BULT), based in Las Vegas, Nevada, is a diversified blockchain and Web 3.0 technology company. Through its wholly owned subsidiary, First Bitcoin Capital LLC, Bullet holds exclusive rights to two foundational U.S. patents for Bitcoin ATMs—positioning it as the only U.S.-based company with this IP. Its Bitcoin ATMs, operated by licensed third parties, support real-time cash-to-Bitcoin transactions and are part of a growing national network focused on expanding crypto access across diverse communities. The company is committed to accelerating blockchain innovation and driving shareholder value through strategic software development, licensing, and decentralized platform solutions. Material updates are shared via Bullet Blockchain's website, OTC Markets disclosures, press releases, and social media channels. Follow us at: Website: X (f/k/a Twitter): @BULT_stock Reddit: Facebook: LinkedIn: Find investor and general information at For investor and general information, please email contact@ About Virtual Investor Conferences®Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. Forward-Looking Statements:Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change at some point in the future. However, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. CONTACTS: Investor RelationsBullet Blockchain, ir@ (775) 237-8856 Virtual Investor Conferences John M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group (212) 220-2221johnv@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
