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GYST - Graystone forms separate subsidiary for bitcoin mining
The Graystone Co
Graystone ([[GYST]] +17.4%) formed a separate operating subsidiary through which the company's Bitcoin Mining will be conducted through a wholly owned subsidiary, Graystone Mining.Graystone Mining plans to acquire 50K Terahash in CY21 which are expected to generate daily revenue of $17,500 based on current Bitcoin price; daily power costs are seen at $2,816/day.