Fernhill Corp (OTCMKTS: FERN) Blue Sky Breakout as Emerging Crypto Player Acquires PerfectMine and Signs Letter of Intent to Acquire Digital Asset Crypto Trading Platform

CEO Marc Lasky said at the time: “We are extremely excited to acquire PerfectMine. We believe this is the perfect first step towards achieving our goals. This simple yet robust platform allows us to democratize and simplify crypto mining for everyone. Additionally, it paves the way for Fernhill to become a leading provider of crypto mining tools and resources to help optimize and create green mining solutions for the masses. The Perfectmine acquisition helps Fernhill establish a base for making several larger crypto acquisitions and brings us closer to our goal of betting on the Nasdaq. “

Most recently, FERN announced a letter of intent to acquire a revolutionary digital asset crypto trading platform. As part of the company’s continued mission to expand its presence in the cryptocurrency and blockchain industries, it recently signed a letter of intent to acquire an institutional digital asset trading company serving banks and hedge funds with technology, strategy development, automated algorithmic trading, best execution, intelligent order routing and risk exposure analysis. One of the most compelling features of Target’s technology is that it is directly integrated with over 25 major crypto currency exchanges to provide the best execution price for any crypto trading pair, providing seamless liquidity to worldwide. In short, this platform bridges the gap between cryptocurrencies and more traditional trading platforms.

The Target Acquisition Company has developed a proprietary digital / crypto asset trading platform with direct connectivity to major cryptocurrency exchanges such as Binance, Coinbase, OKEx, Kraken, and Bittrex to name a few. -a. In addition, the company is headquartered in the United States and has a top management team, senior developers and a board of directors from some of the most prolific financial institutions and companies in the world. The acquisition is expected to be finalized no later than November 15, 2021.

On September 9, FERN announced the appointment of Nathanael Coonrod as Executive Vice President of Engineering. Prior to joining Fernhill, Nathanael led multinational engineering and development teams on projects for established and start-up companies including Tesla, Roger’s Corp and FogChain, to name a few. With Fernhill, Nathanael’s duties will include leading all product development, technology implementation guidelines, and working with all existing and upcoming acquisitions to ensure the integration runs smoothly, that synergies are created and that a technology roadmap is established to support growth. Synergies are extremely important in light of Fernhill’s recently announced letter of intent to acquire a digital asset trading platform.

Fernhill CEO Marc Lasky said: “We are delighted with the appointment of Mr. Coonrod as Executive Vice President of Engineering, Nathanael is a world class software engineer who has worked on a wide range of critical projects with a wide range of businesses. He has also helped the author of several patents, issued and pending, around blockchain and distributed computing technologies. Specializing in blockchain development, crypto mining, and large-scale software development projects, Nathanael has created several cutting-edge technologies and private blockchains that have led to multiple successful releases, and as such, I am convinced that he is the right person to help us take Fernhill to the next level.

$ FERN https://t.co/XYMJY1pZoq

– Moon Market (@MoonMarket_) September 27, 2021

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FERN continues to move north with the rapid emergence of electricity in recent exchanges as an investor favorite and volume leader, consistently exceeding $ 5 million in daily trading volume. Microcapdaily first reported on FERN on July 23, when FERN was in the $ 0.02 range, saying at the time: “FERN is getting noticed by some pretty heavy hitting penny stock players. FERN took off in May after the company announced it had upgraded its listing on OTCMarkets to Pink Current status and hired Chris Kern, a senior executive in technology mergers and acquisitions and corporate finance, who has over 25 years of hands-on experience and has facilitated over $ 750 million in transactions. . FERN has an exceptional balance sheet with only $ 350,000 in total liabilities. The company recently announced that it is nearing the completion of its due diligence on a targeted acquisition in the cryptocurrency and blockchain industry by signing a letter of intent to acquire a system platform. SaaS-based algorithmic crypto-mining operation for pools and crypto-mining enthusiasts. Since then, FERN has acquired PerfectMine, a fully operational turnkey platform that provides optimized operating systems for a wide variety of GPU and CPU mining platforms to improve efficiency as well as monitor and control them. manage them remotely. The company also signed a letter of intent to acquire a revolutionary digital asset crypto trading platform. One of the most compelling features of Target’s technology is that it is directly integrated with over 25 major crypto currency exchanges to provide the best execution price for any crypto trading pair, providing seamless liquidity to worldwide. In short, this platform bridges the gap between cryptocurrencies and more traditional trading platforms. FERN is trading like a winner with new strong support with each new price point as it continues on blue sky breakthrough. We’ll update on FERN when more details appear, so make sure you’re subscribed to Microcapdaily so you know what’s going on with FERN.

Disclosure: We do not hold any positions in FERN either long or short and we have not been compensated for this item