Bitcoin Brands Inc. has announced that it has entered into a sponsorship agreement with UFC (Ultimate Fighting Championship) fighter Max Holloway. His next fight will be at UFC Fight Night at Tulsa, Oklahoma on August 23.
Holloway has a professional record of 9-3. He fights in the featherweight division of the UFC. Of his 9 wins, 3 are by knockout and one by submission.
Bitcoin Brands says that it is publicly traded in the United States under the symbol CEHC. It is a penny stock traded on the OTC markets, currently worth $0.0013 per share. The publicly traded entity is in fact called Cephas Holding Corp, but emphasizes on its website that “we will soon change our name to Bitcoin Brands Inc.”
Legal Risk Factor Beneath Ripple’s Lawsuit from SECGo to article >>
The only other publicly traded Bitcoin company in the United States is Bitcoin Shop, also traded on the OTC markets under the symbol BTCS.
According to its website, “Cephas Holding Corp is committed to developing and building businesses in the Bitcoin economy. We are focused on the promotion and marketing of bitcoin to the public through automated kiosks, enabling professionals to accept bitcoin in their businesses, and taking ownership in emerging bitcoin businesses.”
Specifically, it says it operates “The Bitcoin Vending Network” and offers a payment solution for medical businesses called BitMD. In looking to partner with Bitcoin entrepreneurs, they “seek to invest as little as $1,000 and up to $25,000 in financing rounds of other digital currency enterprises.”