Fernhill Corp (OTCMKTS: FERN) Blue Sky Breakout as Emerging Crypto Player Acquires PerfectMine & Signs LOI to Acquire Digital Asset Crypto Trading Platform

Fernhill Corp (OTCMKTS: FERN) continues to transfer northbound with energy in current buying and selling rapidly rising as an buyers favourite and main quantity chief usually topping $5 million in day by day buying and selling quantity. Microcapdaily first reported on FERN again on July 23 when FERN was within the $0.02 vary stating on the time: “FERN is getting observed by some fairly heavy hitter penny inventory gamers.  FERN took off in May after the Company reported it had upgraded its itemizing on OTCMarkets to Pink Current Status and employed senior know-how M&A and company finance govt, Chris Kern, who has over 25 years of hands-on expertise and facilitated over $750 million in transactions. FERN has an excellent wanting stability sheet with simply $350k in whole liabilities. The Company lately introduced it’s nearing completion of its due diligence on a focused acquisition within the Cryptocurrency and Blockchain trade signing an LOI to purchase a SaaS based mostly algorithmic crypto mining working system platform for crypto mining swimming pools and fanatics.  

Since than FERN acquired PerfectMine, a totally operational turn-key platform that gives optimized working methods for all kinds of GPU and CPU mining rigs to enhance effectivity as nicely as remotely monitor and handle them. The Company has additionally signed an LOI to purchase a groundbreaking digital asset crypto buying and selling platform. One of essentially the most compelling options of the goal’s know-how is that it’s instantly built-in with over 25 totally different main crypto forex exchanges to present one of the best execution value for any crypto buying and selling pair, offering seamless liquidity on a worldwide scale. In brief, this platform bridges the hole between crypto currencies and the extra conventional buying and selling platforms. FERN is buying and selling like a winner with robust new help at each new value stage as it continues on a blue sky breakout. 

Fernhill Corp (OTCMKTS: FERN) is a diversified know-how holding firm that has pursuits in and seeks to purchase, construct and develop, companies in cell functions, blockchain/digital belongings, SaaS, FinTech and different vitality options, as nicely as different applied sciences that tackle the world’s main environmental and social issues. Fernhill helps and pursues ESG initiatives and is Signatory Member of the Crypto Climate Accord (CCA).  

FERN took off in May after the Company reported it had upgraded its itemizing on OTCMarkets to Pink Current Status and employed senior know-how M&A and company finance govt, Chris Kern, who has over 25 years of hands-on expertise and facilitated over $750 million in transactions. Coupled with the Companys focus areas, Chris has deep trade expertise and experience within the Fintech, SaaS, Crypto/Blockchain, Telecommunications and Internet media industries.   

On July 27 a number of days after our first report on the Company when the inventory was within the $0.02 vary FERN introduced the Acquisition of PerfectMine, a totally operational turn-key platform that gives optimized working methods for all kinds of GPU and CPU mining rigs to enhance effectivity as nicely as remotely monitor and handle them. 

PerfectMine.io, delivered as software program as a service (“SaaS”), supplies optimized mining working methods and algorithms, helps a number of cryptocurrencies and tokens such as Ethereum, LiteCoin, Monero and RavenCoin, and has the distinctive functionality to help Multi-Card performance that may run each Nvidia and AMD GPUs concurrently, which isn’t generally discovered within the trade. PerfectMine consists of sturdy monitoring and optimization instruments to effectively tune and handle crypto mining rigs to enhance hashrate yield and function at peak effectivity. 

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mentioned CEO Marc Lasky mentioned on the time: “We are extraordinarily excited in regards to the acquisition of PerfectMine. We consider it’s the good first step towards carrying out our targets. This easy however sturdy platform permits us to democratize and simplify crypto mining for everybody. Further, it units the stage for Fernhill to change into one of many main suppliers of crypto mining instruments and assets to assist optimize and create inexperienced mining options for the lots. Acquiring Perfectmine helps Fernhill set up a basis for making a number of bigger acquisitions within the crypto house and strikes us nearer to our objective of uplisting to Nasdaq.” 

More lately FERN introduced an LOI to purchase a groundbreaking digital asset crypto buying and selling platform. In the Company’s continued mission to develop its presence within the cryptocurrency and blockchain industries, it has lately signed an LOI to purchase an institutional digital asset buying and selling firm serving banks and hedge funds with know-how, technique growth, automated algorithmic buying and selling, finest execution, sensible order routing, and danger publicity analytics. One of essentially the most compelling options of the goal’s know-how is that it’s instantly built-in with over 25 totally different main crypto forex exchanges to present one of the best execution value for any crypto buying and selling pair, offering seamless liquidity on a worldwide scale. In brief, this platform bridges the hole between crypto currencies and the extra conventional buying and selling platforms. 

The goal acquisition firm has developed a proprietary digital asset/crypto buying and selling platform with direct connectivity to the highest main cryptocurrency exchanges such as Binance, Coinbase, OKEx, Kraken, and Bittrex to title a couple of. In addition, the corporate is predicated within the United States and has a top-notch govt administration crew, senior builders and board that come from a number of the most prolific monetary establishments and companies on this planet. The acquisition is focused to shut on or earlier than November 15, 2021. 

On September 9 FERN introduced the appointment of Nathanael Coonrod, as Executive VP of Engineering. Prior to becoming a member of Fernhill, Nathanael led multinational engineering and growth groups on initiatives for each established and start-up firms, together with Tesla, Roger’s Corp, and FogChain, to title a couple of. With Fernhill, Nathanael’s duties will embrace spearheading all product growth, know-how implementation tips and collaborating with all current and upcoming acquisitions to make sure that integration goes easily, synergies are created and a know-how roadmap is established to help development. Synergies are exceedingly vital in mild of Fernhill’s lately introduced letter of intent to purchase a digital asset buying and selling platform. 

Fernhill CEO Marc Lasky said:  “We are thrilled with the appointment of Mr. Coonrod as our EVP of Engineering, Nathanael is a world-class software program engineer that has labored on a variety of mission essential initiatives with an unlimited array of firms. He additionally helped writer a number of, issued and pending, patents round blockchain and distributed computing applied sciences. Having a specialization in blockchain growth, crypto mining, and large-scale software program growth initiatives, Nathanael has created a number of cutting-edge applied sciences and personal blockchains that led to a number of profitable exits, and as such, I’m assured that he’s the proper individual to assist us take Fernhill to the subsequent stage.” 

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FERN continues to transfer northbound with energy in current buying and selling rapidly rising as an buyers favourite and main quantity chief usually topping $5 million in day by day buying and selling quantity. Microcapdaily first reported on FERN again on July 23 when FERN was within the $0.02 vary stating on the time: “FERN is getting observed by some fairly heavy hitter penny inventory gamers.  FERN took off in May after the Company reported it had upgraded its itemizing on OTCMarkets to Pink Current Status and employed senior know-how M&A and company finance govt, Chris Kern, who has over 25 years of hands-on expertise and facilitated over $750 million in transactions. FERN has an excellent wanting stability sheet with simply $350k in whole liabilities. The Company lately introduced it’s nearing completion of its due diligence on a focused acquisition within the Cryptocurrency and Blockchain trade signing an LOI to purchase a SaaS based mostly algorithmic crypto mining working system platform for crypto mining swimming pools and fanatics. Since than FERN acquired PerfectMine, a totally operational turn-key platform that gives optimized working methods for all kinds of GPU and CPU mining rigs to enhance effectivity as nicely as remotely monitor and handle them. The Company has additionally signed an LOI to purchase a groundbreaking digital asset crypto buying and selling platform. One of essentially the most compelling options of the goal’s know-how is that it’s instantly built-in with over 25 totally different main crypto forex exchanges to present one of the best execution value for any crypto buying and selling pair, offering seamless liquidity on a worldwide scale. In brief, this platform bridges the hole between crypto currencies and the extra conventional buying and selling platforms. FERN is buying and selling like a winner with robust new help at each new value stage as it continues on a blue sky breakout. We might be updating on FERN when extra particulars emerge so ensure you are subscribed to Microcapdaily so you realize what’s happening with FERN.

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Disclosure: we maintain no place in FERN both lengthy or brief and we now have not been compensated for this text

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