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Bullet Blockchain Announces Financial Results for 2023
Bullet Blockchain, Inc.
Bullet Blockchain is actively looking to hire CFOs and marketing professionals for accelerated growth throughout 2024 through 2025.
RENO, NV, April 29, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — Bullet Blockchain, Inc. (“BULT” or the “Company”) (OTC: BULT), a pioneering software development and SaaS company at the forefront of blockchain and Bitcoin ATM technologies, is pleased to announce that its fourth-quarter gross revenues exceeded their forecasts preliminary fourth quarter revenue estimates of $740,000 by more than 10%, closing the year with $819,000 for this period. This brings the Company’s annual gross revenue to just over $1,685,000, once again exceeding expectations for the year.
“Our Bitcoin ATMs significantly outperformed and had a much better fourth quarter than we initially thought. The anticipation around Bitcoin ETFs and the upcoming Bitcoin halving has most likely created a favorable environment to close out 2023 and set an exciting course for 2024. We are very optimistic about what this year will bring for Bullet Blockchain’s business and to its shareholders,” commented Simon Rubin. , CEO of Bullet Blockchain.
Recruitment campaign and operational expansions
As part of its expansion strategy, Bullet Blockchain is actively looking to hire a CFO, as well as marketing experts, both with cryptocurrency experience, to join the team. Considering that the company just recently announced the deployment 10 Additional Licensed Bitcoin ATMs and the retention of Bryan Lindsey as Global Strategist, management firmly believes that the time is right to make such a recruitment; especially given the company’s growth plans over the next 24 months.
Interested candidates are encouraged to apply. Please send your CV to: jobs@bulletblockchain.com.
Developments in licensing and intellectual property
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 focused on its intellectual property. As previously announced, BULT acquired First Bitcoin Capital LLC, which owned an intellectual property portfolio consisting of the rights to two Bitcoin ATM patents, becoming the owner and licensor of these valuable assets. Under its subsidiary First Bitcoin Capital LLC, BULT’s intellectual property includes ownership and exclusive rights to U.S. Patent No. US9135787B1 “Bitcoin Kiosk/ATM Device and System Integrating Registration Protocol and Method of Using this one ” (US9135787B1) and US10332205B1 “Bitcoin kiosk/ATM device and system and method of using the same” (US10332205B1), respectively. The combined patents acquired by BULT are essential to the operation of Bitcoin ATM networks.
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About the Bullet blockchain
Headquartered in Reno, Nevada, Bullet Blockchain Inc. – common stock is publicly traded on the OTC markets under the symbol (BULT) – is a diversified software development and SaaS company, specializing in blockchain and Web 3.0 technologies, and although its wholly owned subsidiary, First Bitcoin Capital LLC, owner and licensor of two Bitcoin ATM patents. BULT 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 shareholder value.
Shareholders, potential investors and others should note that we announce important events and important financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our corporate disclosures. OTC markets, our press releases and our public conferences. calls and webcasts. We also use social media to communicate with our email subscribers and the public about BULT, the Services and other related information. Information we post on social media may be considered material information. Therefore, we encourage shareholders, the media and anyone else interested in BULT to review the information we publish on the BULT social media channels listed below. This list may be updated from time to time.
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Forward-looking statements:
Statements contained in this press release that are not statements of historical or current fact constitute “forward-looking statements.” These 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 historical results or from any future results expressed or implied by such forward-looking statements. forward-looking statements. In addition to these factors, actual future performance, results and results may differ materially due to broader factors, including (without limitation) general industry and market conditions and growth rates, economic conditions and changes in government and public policy. The forward-looking statements included in this press release represent the views of the Company as of the date of this press release, and such views may change at some point in the future. However, the Company expressly disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the views of the Company 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 containing terms such as “believes”, “believes”, “expects”, “expects”, ” intends,” “intends,” “anticipates,” “anticipates,” “plans,” “plans,” as uncertain and forward-looking.
Contact us: contact@BulletBlockchain.com
