The Graystone Company, Inc. (OTCMKTS: GYST) ESG Advantages
As 2022 catapults into its second month of business, all things environment, sustainability, and green (ESG) are hot topics for investors seeking attractive businesses with potential.
The Graystone Company, Inc. (OTCMKTS: GYST) is a Bitcoin mining company, that through its actions shows it is aware of these trends. This makes it one of the few BTC miners that ESG investors will consider.
GYST has made sustainability a large part of its vision, and is putting its plans into action in three significant ways:
GYST’s Sustainable Practices
- Acquisition of 50 Antminer S19j Pro (100TH) machines. These new machines greatly increase environmental appeal because they are said to be the top-of-the-line, coolest running, and most energy efficient mining computer on the market.
2. GYST uses 3rd party data center to host its equipment. This “co-location” receives its power from a nuclear power plant. Thus, the Company’s operations will be derived from a clean, zero-emissions energy source.
3. Last, yet certainly not least, the Company announced its tree-planting program. Initially, they volunteered to plant 1,000 trees through donation and a partnership with the National Forest Foundation. In addition to this, Graystone (OTCMKTS:GYST) plans to plant one tree for each terrahash it mines and moving forward. GYST has already contributed 2,100 trees, thereby removing over 4.5 tons of air pollutants to date.
While this is pretty “cool”, it is simultaneously red “hot” from an investment standpoint.
Celebrity Investor and Shark Tank Star Kevin O’Leary Agrees
After a recent trip to the Middle East with the goal of seeking new ways to invest in Bitcoin, Kevin O’Leary, aka Mr. Wonderful, discovered excitement in the concept of sustainable Bitcoin mining investments. When a big name makes an announcement like this, many will hear about it and want to be a few of the first passengers on the Sustainable Mining Ship.
The expectation is that sustainable crypto mining stocks will experience a surge in value. Particularly, Graystone (OTCMKTS:GYST) is a company to pay close attention to as the race to compete in the cryptocurrency industry heats up.
This article is part of an investor education program