Nilam Resources Enters Letters of Intent to Acquire 24,800 Bitcoin
Monday, 25 March 2024, 20:05
Nilam Resources Enters Letters of Intent to Acquire 24,800 Bitcoin
SNOHOMISH, Wash., March 25, 2024 (GLOBE NEWSWIRE) -- Nilam Resources, Inc. (OTC PINK: NILA) has disclosed its agreement to acquire 24,800 Bitcoin by entering into a Letter of Intent (LOI) with Xyberdata Ltd. The acquisition involves issuing a new Preferred Class of Series C Stock in exchange for the Bitcoins at a discounted rate compared to the current market price. This strategic move aims to establish a strong digital asset portfolio for Nilam Resources.
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