DGAP-News: Stockholm IT Ventures AB: STOCKHOLM IT VENTURES ANNOUNCES REVISED SCHEDULE FOR INITIAL COIN OFFERING

STOCKHOLM, SWEDEN (22 May, 2018) - Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB- ISIN SE 0006027546  ), a Swedish technology company specialising in clean and efficient low-cost energy crypto currency mining, today announced the revised schedule for the Initial Coin Offering (ICO) of its Bytemine token.
 
"This is a giant leap forward in securing the future of sustainable crypto-mining with extensive growth opportunities for our shareholders," said Anthony Norman, CEO, Stockholm IT Ventures. "The team has been working diligently to deliver on the vision that was outlined to our shareholders, and we are excited to bring it to fruition in the coming weeks."  
 
With a focus on clean energy solutions for crypto-mining, Stockholm IT Ventures is leading the way for a hedged, sustainable, and green energy based cryptocurrency. The company will redress the gap between rising production costs and profitability tied to the cryptographic verification process with traditional crypto-mining by utilizing proprietary world-class facilities, and an innovative business model. The Bytemine pre-ICO campaign begins next week with an Airdrop to all registered and verified supporters. For more information about the upcoming ICO schedule, please join theTelegram group: https://t.me/bytemine. 
 
The target timeline for the upcoming ICO is as follows:
 
Week of 28 May 2018:

• Updated Bytemine Whitepaper published
• Bytemine Airdrop

 
Week of 4 June 2018:

• Pre-sale starts

 
Week of 11 June 2018

• New tokens released for Airdrop and KYC
• Bytemine ICO

 
 
About Stockholm IT Ventures AB
Stockholm IT Ventures AB is a Swedish public company listed on the Frankfurt Stock Exchange since 2014 under the ticker symbol SVAB. The company focuses on clean and efficient low-cost energy cryptocurrency mining and production, and in blockchain related technology. All mining activities shall use clean and sustainable energy from hydro power stations in Northern Europe, requiring significantly less energy compared to ordinary mining for Bitcoin. The Stockholm IT Ventures stock represents a green investment in cryptocurrency technology. For more information, visit www.stockholmit.co. You can also find them on Facebook, Twitter and LinkedIn. Details on the company's Bytemine (BYTM) token and Whitepaper can be found here: www.bytemine.io.
 
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Media Contacts:
 
Vibrate Communications for Stockholm IT Ventures
leslie@vibratecommunications.com
tyrone@vibratecommunications.com