3 Jul
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STOCKHOLM, SWEDEN (3 July, 2018) – Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB), a Swedish technology company specialising in clean and efficient low-cost energy crypto currency mining, today announced that since the start of the company’s Bytemine token airdrop on Friday, June 29, over 90% of the 1 million tokens available have already been allocated. In just a few short days, Stockholm IT Ventures has allocated over 925,000 tokens as anticipation builds for the Bytemine ICO scheduled for later this month.   

“The airdrop has been a huge success for Stockholm IT Ventures and the Bytemine team,” said Phillip Nunn, Managing Director of the Crypto Division for Stockholm IT Ventures. “The rapid growth in size and engagement has allowed us to position our project in front of nearly 100,000 people, while also creating one of the largest whitelist sign ups I have ever witnessed.”

Since the airdrop, the Bytemine Telegram Group has grown over 450% from 14,000 to over 78,000 members, making it the third “hottest” Telegram Group, according to Telegram Crypto Groups.

“We have tracked people from all over the globe participating in our airdrop,” continued Mr. Nunn. “We expect the coming weeks to be even more explosive with many more exciting conversations happening with numerous institutional investors.”

Join Bytemine on Telegram: https://t.me/bytemine/; and, read the whitepaper: https://bytemine.io/whitepaper/ to be part of the new crypto-mining ecosystem set to disrupt the digital financial services market. With a focus on utilizing emerging technologies and applications, Stockholm IT Ventures is led by a team of seasoned executives. The new Bytemine token model leverages a scalable and sustainable platform built on a bedrock of Swedish energy efficiency to deliver a long-term positive yield for shareholders.

About Stockholm IT Ventures AB

Stockholm IT Ventures AB is a Swedish public company listed on the Frankfurt Stock Exchange since 2014 under the ticker symbol SVAB. The company focuses on clean and efficient low-cost energy cryptocurrency mining and production, and in blockchain related technology. All mining activities shall use clean and sustainable energy from hydro power stations in Northern Europe, requiring less heat-generating energy compared to ordinary mining for Bitcoin. The Stockholm IT Ventures stock represents a green investment in cryptocurrency technology. For more information, visit www.stockholmit.co. You can also find them on Facebook, Twitter and LinkedIn. Details on the company’s Bytemine (BYTM) token and White Paper can be found here: www.bytemine.io.


Media Contacts:

Vibrate Communications for Stockholm IT Ventures


We are a traditional technology company that has taken a proactive interest in Cryptocurrencies and blockchain technology

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