BitFrontier Capital Holdings Inc (BFCH) Stocks Jump Big On Unusual Volume: Will The Rally Continue

BitFrontier Capital Holdings Inc (OTCMKTS:BFCH) was one of the biggest gainers in Wednesday’s trading session after the company provided key updates to shareholders.

Market Action

On Wednesday, BFCH stock soared 44.62% to $0.0940 with more than 11.38 million shares, compared to its average volume of 2.08 million shares. The stock has moved within a range of $0.0611 – 0.1100 after opening the trade at $0.0611.

Major Trigger:

BitFrontier Capital Holdings, Inc. (OTC PINK: BFCH) Provides Shareholder Update

Key Highlights:

• announced it has completed all financial statements required to return to “Pink Current” status, which will be posted upon OTC Markets completing its review of our application. Everything required from the Company has been submitted to OTC Markets by their required deadline of June 30. They have advised us that application processing time is currently 6-8 weeks.
• Additionally, we are excited to announce Bryan Wilkinson has been appointed as an independent Board Member of the Company, effective immediately. Mr. Wilkinson will be taking over investor relations and shareholder communications to provide our shareholders with more frequent updates. While we have accomplished a lot at our first mining facility and continue to do so, we want to acknowledge that consistent communication has not been our strength, which is what we intend to improve on with the addition of Mr. Wilkinson.

Key Quote:

Further, Mr. Wilkinson would like to add, “Having been an early funder/investor in BitFrontier, I was able to see first-hand the passion and expertise BitFrontier’s Board of Directors brings to the table. Knowing how investing works, and how important it is to have transparency and shareholder communications coupled with the drive and work ethic behind this management team seemed like the perfect fit for me. I try to tell everyone that runs a public company there’s two sides to it, one is the company itself, the other is the public side. I am very excited to join a team and bring the key roles that BitFrontier has been lacking to take it to the next level.”