Nilam Resources plans to acquire 24,800 Bitcoins through special purpose entity MindWave

According to BlockBeats news, on March 26, Nilam Resources, Inc. (OTC PINK: NILA), located in Snohomish, Washington, USA, announced that it has signed a letter of intent with Xyberdata Ltd and plans to acquire 24,800 bits through the newly established special purpose entity MindWave. currency. The transaction will be in the form of the issuance of newly authorized Series C shares of preferred stock in exchange for these Bitcoins at a discount relative to the current market price. Through the acquisition, Nilam Resources will fully own the capital stock of Mauritius-based MindWave, and the entity will hold digital assets including 24,800 Bitcoins. These assets will serve as collateral to raise capital for investment in high-yield projects.