ATIF Holdings Limited Announces Strategic Diversification to Bitcoin Business
June 05 2025 - 6:00AM
ATIF Holdings Limited (NASDAQ: ZBAI), today announced its strategic
expansion into the Bitcoin (BTC) sector with an ambitious five-year
plan to accumulate 1,000 BTC through a combination of direct
purchases, and mining operations.
As part of this initiative, ATIF Holdings will deploy a hybrid
approach in the next five years including:
- - Direct acquisition
of BTC in the open market;
- - Building and
Operating proprietary BTC mining facilities; and/or acquiring
operating BTC mining sites
The company has tentatively selected West Texas as the primary
location for its proprietary mining operations. This decision is
driven by several key factors: Texas' favorable regulatory
environment for digital asset mining, abundant and affordable land,
and a well-developed, deregulated electricity market with
competitive power costs. Additionally, ATIF Holdings aims to
implement advanced power utilization strategies to further reduce
production costs and enhance overall operational efficiency.
"We view Bitcoin not only as a long-term store of value but also
as a strategic asset for growth and diversification," said Kamran
Khan, the CEO. "Our investment in mining
infrastructure—particularly in a power-efficient region like West
Texas—positions us to participate directly in Bitcoin’s network
while optimizing cost control and scalability."
The planned mining facilities will emphasize energy efficiency,
sustainable operations, and smart grid integration, aligning with
broader industry trends towards responsible and forward-looking
crypto infrastructure development.
The company has purchased BTC in the open market and plans to
continue to do so in the near future.
This move marks a significant evolution in ATIF Holdings'
business and underscores its commitment to innovation and long-term
value creation in emerging technologies.
About ZBAI
ATIF Holdings Limited (NASDAQ: ZBAI) is a business
consulting company that specializes in providing professional IPO,
M&A advisory and post-IPO compliance services to small and
medium-sized companies seeking to go public on a stock exchange
in the United States. The Company is currently exploring
business opportunities in the BTC sector.
Forward-Looking Statements
Certain statements in this press release are "forward-looking
statements" within the meaning of the "safe Harbor" provisions of
the United States Private Securities Litigation Reform Act of 1995.
When used in this press release, "estimated," "projected," Words
such as "expect", "anticipate", "predict", "plan", "intend",
"believe", "seek", "may", "will", "should", "future", "propose" and
variations of these words or similar expressions (or the opposite
of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements do not
guarantee future performance, conditions or results and involve a
number of known and unknown risks, uncertainties, assumptions and
other important factors, many of which are outside the Company's
control and may cause actual results or achievements to differ
materially from those discussed in the forward-looking
statements.
Important factors include:
- Bitcoin price and
uncertainty in the regulatory of the crypto currency industry;
- future financial and
operating results, including revenues, income, expenses, cash
balances and other financial items;
- Ability to manage
business development, growth and expansion; Current and future
economic and political conditions;
- The ability to
compete in industries with low barriers to entry;
- The ability to
obtain additional financing to fund capital expenditure for the
planned business in the future.
- Ability to attract
new customers and further enhance brand awareness;
- Ability to hire and
retain qualified management and key staff for the current and
planned business;
- Trends and
competition in the financial advisory services industry;
- Pandemic or
epidemic disease and etc.
Except as required by law, the Company undertakes no obligation
to update forward-looking statements to reflect subsequent
occurring events or circumstances, or changes in its expectations.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, the Company cannot
assure you that such expectations will turn out to be correct, and
the Company cautions you that actual results may differ materially
from the expected results expressed or implied by the
forward-looking statements we make. You should not interpret
forward-looking statements as predictions of future events.
Forward-looking statements represent only the beliefs and
assumptions of our management as of the date such statements are
made. The above forward-looking statements are made as of the date
of this press release.
Contact Information
Name: Christina
Email: Christina@zbai.co
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