Bitzumi, Inc. - Breaking News - February 21, 2018

Bitzumi Launches First Cryptocurrency and Blockchain Related Reg A+ Investment Opportunity

Offering available to all investors looking for exposure in the emerging cryptocurrency and blockchain industry

NEW YORK, Feb - 2018 - Bitzumi, Inc. ("Bitzumi" or the "Company"), a digital content and asset platform that plans to enable users to transact in the cryptocurrency and blockchain marketplace, today announced it will launch its Regulation A+ offering at 12 p.m. EST on www.bitzumicorp.com  allowing any investor the opportunity to own stock in the Company. With the goal of raising $10 million USD, Bitzumi is offering 4,000,000 shares at $2.50 USD per share. The Company has filed a listing application with the NASDAQ Stock Market to list its common stock.

Bitzumi also announced that it has entered into a strategic joint venture transaction with Acacia Research Corporation (NASDAQ: ACTG), which included an initial $1 million equity investment in Bitzumi. Under the Joint Venture Agreement, Acacia will provide various patent-related services to Bitzumi and has the option to invest up to an additional $9 million to acquire Bitzumi common stock. Pursuant to Acacia's initial investment, Acacia received a short-term warrant to purchase $4 million in Bitzumi shares and under the Joint Venture Agreement, Acacia has a right to acquire up to an additional $5 million of Bitzumi shares at a price of $2.50.

Co-founded by leading cryptocurrency expert James Altucher and Wall Street veteran Scot Cohen, with a team of seasoned executives from digital media, marketing, product and technology, Bitzumi's mission is to own the industry's high-intent search traffic by becoming the largest gatekeeper of quality cryptocurrency and blockchain-related content and products.

Bitzumi is building a next generation decentralized exchange and acquiring a network of crypto and blockchain related digital properties. The Company aims to connect users to the best crypto services through highly-engaged and trusted content, crypto product reviews enhanced by technology and smart infrastructure. Planned future products include a cryptocurrency exchange, digital wallet and educational products.

"It is a unique time to invest in the crypto and blockchain business," said Bitzumi founder and executive chairman, Scot Cohen. "We see the trend in global trading volume and search traffic relating to cryptocurrency and blockchain continuing. Bitzumi does not bet on any one cryptocurrency but rather on the growth of the industry."

"In launching Bitzumi's Reg A+ offering, we hope to offer all investors the opportunity to participate in what we anticipate will be the next seismic shift in the way all business is conducted," said Bitzumi co-founder James Altucher.

According to CoinMarketCap.com, there are over 1,500 cryptocurrencies in circulation with a total market cap of $428 billion. The total market cap is expected to surpass $1 trillion in 2018.

To invest and for more information about the Bitzumi offering, visit www.bitzumicorp.com

About Bitzumi
Co-founded by James Altucher and Scot Cohen, Bitzumi is a digital content and asset platform that plans to enable users to transact in the cryptocurrency and blockchain marketplace. Bitzumi is building a next generation decentralized exchange and acquiring a network of crypto and blockchain related digital properties.

For more information about Bitzumi, please visit www.bitzumicorp.com

About Acacia Research Corporation
Founded in 1993, Acacia Research Corporation (NASDAQ: ACTG) is an industry leader in patent licensing and partners with inventors and patent owners to unlock the financial value in their patented inventions. Acacia bridges the gap between invention and application, facilitating efficiency and delivering monetary rewards to the patent owner. Acacia also leverages its patent expertise and background to invest and partner in emerging disruptive technologies such as Artificial Intelligence, Robotics, and Blockchain.

Legal Disclaimer
An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement which only means that Bitzumi, Inc. may make sales of the securities described by that offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement HERE. You should read the offering circular before making any investment.

Forward-Looking Statements
The offering materials may contain forward-looking statements and information relating to, among other things, Bitzumi, Inc., its business plan and strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company's management. When used in the offering materials, the words "estimate," "project," "believe," "anticipate," "intend," "expect" and similar expressions are intended to identify forward-looking statements, which constitute forward-looking statements. These statements reflect management's current views with respect to future events and are subject to risks and uncertainties that could cause Bitzumi, Inc. actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Bitzumi, Inc. does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

Investor Relations Contact:
John Dunleavy
55 5th Avenue
New York, NY 10003
Email: ir@bitzumi.com

Media Contact:
Austin Lewis
Email: pr@crowdfundx.io
Cell: 818-371-6212

SOURCE Bitzumi

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About Bitzumi, Inc.:

LMacro Opportunity In The Cryptocurrency and Blockchain Industries

The Opportunity
Founded by cryptocurrency expert James Altucher and Wall Street veteran Scot Cohen, Bitzumi is a digital publishing network and marketing platform for the cryptocurrency industry that plans to develop and acquire certain blockchain / crypto-industry products, including exchanges, wallets and other blockchain technology. Now, you can own a piece of it.

Timing to capitalize on the cryptocurrency and blockchain technology growth is now.. before the barriers to entry get too high.

$400 Million
expected spend by banks on blockchain by 2019

$2 Billion
in cryptocurrency investments in 2017

$1 Trillion
cryptocurrency Market Cap in 2018

*Data from 'The Future of Finantcial Infrastructure' report by the World Economics Forum, CB Insights, and CNBC.

Bitzumi Products

Exchange
Bitzumi’s cyptocurrency exchange intends to allow customers to buy, sell and convert various crypto-currencies into USD Fiat currency. Trade instantly on dynamic real-time trading platform.

Wallet
Bitzumi’s multi-coin wallet is anticipated to combine physical and digital storage to provide maximum security for our users' digital assets. Intended to include multiple factor authentication, cryptographic security, cold (offsite) storage and private key segmentation.

Media & Publishing Properties
Online & mobile high authority content publishing network targeting crypto-related traffic with focus on news, guides, product comparisons and reviews.

Processing & Escrow
Bitzumi aims to be a digital currency exchange that will facilitate the conversion of Bitcoin and other online currencies and initial coin offerings (ICOs), allowing users to securely buy, sell and accept Bitcoin and other currencies.


Corporate Strategy
- Develop and aggregate cryptocurrency publishing and media assets that captures intent driven traffic (customers)
- Retarget customers with technology and smart infrastructure
- Monetize though our owned products and affiliate third party partnerships.

MANAGEMENT
EXTRAORDINARY TEAM OF INVESTORS, INNOVATORS, AND CRYPTOCURRNCY EXPERTS.

Scot Cohen
Cofounder & Executive Chairman
Mr. Cohen has over 20 years of experience in institutional asset management, wealth management, and capital markets. Currently Scot is founder of V3 Capital, a family office investing in public and private companies. Scot has made active investments in the technology and energy sectors and has operational control of two portfolio companies- Wrap Technologies, Inc and Petro River Oil Corp., each of which he serves as Executive Chairman. Scot founded and served as principle of the Iroquois Capital Opportunity Fund, a closed-end private equity fund which focused on investments in North American oil and gas. Mr. Cohen also co-founded Iroquois Capital, a New York based hedge fund which managed approximately $300M across its family of funds.

James Altucher
Cofounder
James Altucher is an American hedge fund manager, entrepreneur, bestselling author, venture capitalist and podcaster. He has founded or cofounded more than 20 companies, including Reset Inc. and StockPickr. He has published eleven books, and he is a frequent contributor to publications including The Financial Times, TheStreet.com, TechCrunch, Seeking Alpha, Thought Catalog and The Huffington Post. Altucher graduated from Cornell University with a bachelor's degree in computer science in 1989. He later attended Carnegie Mellon University as a doctoral student in computer science.

Legal Disclaimer
An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement which only means that Bitzumi, Inc. may make sales of the securities described by that offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement HERE. You should read the offering circular before making any investment.

Forward-Looking Statements
The offering materials may contain forward-looking statements and information relating to, among other things, Bitzumi, Inc., its business plan and strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company's management. When used in the offering materials, the words "estimate," "project," "believe," "anticipate," "intend," "expect" and similar expressions are intended to identify forward-looking statements, which constitute forward-looking statements. These statements reflect management's current views with respect to future events and are subject to risks and uncertainties that could cause Bitzumi, Inc. actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Bitzumi, Inc. does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

Securities are offered through Sageworks Capital, LLC., a registered broker-dealer and member FINRA/SIPC. Neither Bitzumi nor Sageworks Capital, LLC provides any investment advice or make any investment recommendations to any
persons, ever, and no communication through this website or in any other medium should be construed as such. Bitzumi securities are not publicly traded and are intended for investors who do not need a liquid investment. This investment is NOT a bank deposit (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by Sageworks Capital, LLC or Bitzumi, and MAY lose value. Investors must be able to afford the loss of their entire investment.

Any financial projections or returns shown on the website are illustrative examples only, and there can be no assurance that any valuations provided are accurate or in agreement with market or industry valuations. Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this website, and are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associated with any investment opportunity. Please refer to the offering circular for full details and disclosures, including a subscription agreement should you choose to invest.

SOURCE: http://bitzumicorp.com/

Disclaimer