Mentor Capital Rotates from COVID into Bitcoin Space

Mentor participates in Coinbase IPO for its shareholders

Mentor Capital, Inc. (OTCQB: MNTR) introduced that will probably be collaborating within the Coinbase IPO at present on behalf of Mentor shareholders, and is including a cryptocurrency and Bitcoin focus for any ongoing extra money of Mentor. Mentor Capital, Inc. CEO, Chet Billingsley notes, “As Covid-19 drops off, we’re rotating out of our efforts within the Covid enterprise section. Mentor has additionally exited our small preliminary portfolio in public vaccine corporations and can apply these funds into the Coinbase IPO at present.”

Mr. Billingsley provides, “The Coinbase IPO is a major milestone within the acceptance of Bitcoin and different crypto currencies within the monetary world and enterprise neighborhood. Some of our board have appreciable information on this sector and we didn’t wish to miss this chance for our shareholders. Our method of trying so as to add direct assist to non-public startup crypto corporations and serving to them attain and have entry to the general public markets could scale back the volatility of this nonetheless excessive danger space.”

“Yesterday, the monetary information talked about that solely 32 of 40,000 public corporations have crypto currencies on their steadiness sheets. We are blissful to extend that quantity,” he concludes.

About Mentor Capital: The Company seeks to come back alongside and help personal corporations and their founders in assembly their liquidity and monetary targets, so as to add safety for buyers, and to assist incubate personal corporations. Additional essential info for buyers is introduced at:

www.MentorCapital.com

This press launch is neither a proposal to promote nor a solicitation of provides to buy securities.

Forward-Looking Statements: This press launch accommodates forward-looking statements throughout the that means of the federal securities legal guidelines, together with statements regarding monetary projections, financing actions, company combos, product improvement actions and gross sales and licensing actions. Such forward-looking statements aren’t ensures of future outcomes or efficiency, are generally recognized by phrases of situation similar to “ought to,” “might,” “expects,” “could,” “intends,” “seeks,” “appears to be like,” “strikes,” or “plans” and are topic to a variety of dangers and uncertainties, recognized and unknown, that might trigger precise outcomes to vary materially from these meant or anticipated. Such dangers embody, with out limitation: nonperformance of investments, accomplice and portfolio difficulties, potential delays in advertising and gross sales, issues securing the required financing to proceed operations, the potential of aggressive merchandise, companies, and applied sciences, difficulties skilled in product improvement, in recruiting educated personnel, in defending mental property, and the consequences of destructive worldwide financial occasions, such because the current coronavirus outbreak. Further info regarding these, and different dangers is included within the Company’s SEC filings, which, together with further crucial details about the Company, will be discovered right here:
https://ir.mentorcapital.com/all-sec-filings

The Company undertakes no obligation to replace or revise such forward-looking statements to replicate new info, occasions, or circumstances occurring after this press launch date.

View supply model on businesswire.com: https://www.businesswire.com/news/home/20210414005509/en/

Contacts

Mentor Capital, Inc.
Chet Billingsley, CEO
(760) 788-4700
[email protected]

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