Bitcoin ASIC mining and hosting company HashingSpace Corporation has completed a reverse merger transaction with Milestone International Corporation.
HashingSpace completed its’ 8-K filing with the United States Securities and Exchange Commission and will be traded on the OTC Markets with the symbol HSHS. The reverse merger was completed on July 10, 2015.
The reverse merger agreement includes 120,000,000 shares of common stock, and 600,000 shares of Series A Preferred Stock.
US based HashingSpace’s new ticker symbol (HSHS) reflects the company’s growth strategy and brings value to our shareholders. HashingSpace provides hosted Bitcoin ASIC mining, Bitcoin cloud mining solutions, and Bitcoin ATM’s, among other essential services, to the Bitcoin ecosystem.
Timothy Roberts, Chief Executive Officer of HashingSpace Corporation, stated:
This transaction enables HashingSpace to fully capitalize on our fast growth as a Bitcoin and blockchain services and hosting operation. The merger we completed helps our company position itself as a leader in the Bitcoin/blockchain services revolution. This is another major step in the implementation of our business plan to become a major provider of crypto currency and transactional verification mining solutions.
We are pleased to receive approval from FINRA on our name and ticker change. We believe this ticker symbol change will foster a stronger and more recognizable brand for the company. The new symbol more accurately reflects who we are as a company. These changes reflect our expectations for future growth of the company and our desire to provide our shareholders with maximum value. It also helps our investors to see our strategic focus and long-term goals to become an industry leader in the Bitcoin services industry. We will continue to offer new Bitcoin innovations as we further build our brand and robust suite of services.
HashingSpace plans to offer a number of services including fully managed mining servers, rented cloud mining servers, a mining farm, owner and operator bitcoin ATM machines, bitcoin consumer wallets for bitcoin banking and transactions, public stratum and P2Pool, a free Ticker for tracking Bitcoin Value and a wholesaler of Bitcoin servers and Bitcoin ATM machines.