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Crypto Company Investment Opportunity in Nassau, Bahamas

Private IoT, digital & cryptocurrency mining company in the Bahamas seeks funds for expansion.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 233 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 40 %
Industries Crypto
Locations  Nassau
Local Time 2:02 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 1.5 million for 27.0% stake (Native Currency: USD 1,500,000)
Reason: - The funds will be used for expansion, acquisition of mining equipment, power equipment, location d... View More
Includes physical assets worth USD 375 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Cryptocurrency mining company based out of the Bahamas.
- The main challenge in this process is to efficiently manage the energy requirement. The power required to keep mining devices cool and operating is immense, which accounts for 30-50% rise in power consumption globally.
- Efficient energy management is equal to more profits.
- Our Solution - Exclusively developed, purpose-built hybrid power generating ecosystem, that we have designed in house, in The Bahamas. This will mitigate power cost and dependence on expensive grid power to operate, creating efficient energy which increases profits exponentially.
- With the addition of our intelligent predictive algorithms assist with the cryptocurrency market, success is inevitable.
- We are the only company with the license for cryptocurrency mining in The Bahamas.
- Revenue is generated by trading online post mining.
- Sales have dropped as we are focusing on expansion at the moment.
- Goal is to employ the innovative use of evolving crypto technology to transform, aid and assist community impact in The Bahamas.
Products & Services Overview
Business has one focus, mining profitable digital/cryptocurrency. We currently mine 3 cryptocurrencies and plan to expand to more types of cryptocurrencies.
Assets Overview
Owned 23,000 sq ft property for operations of the new facility, mining equipment such as servers, computers, hardware, backup generator.
Facilities Overview
Owned 23,000 sq ft property for business operations. Have plans to build a custom facility/data centre to accommodate our unique hybrid power generating ecosystem.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    We Have Multiple Buyers/Investors Interested In Acquiring IT /Tech Companies (Lower Middle Market), Atlanta, M&A Advisor connected with the Business
  • Earlier than 15 days
    CEO, Nassau, Financial Consultant connected with the Business
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2 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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