NBND
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DESCRIPTION

Global Diversified Marketing Group is a micro-cap shell company that recently pivoted from a legacy snack and gourmet food business into Bitcoin mining and digital asset management. The company operates through its wholly owned Wyoming subsidiary, DigiHash LLC, and has one employee — its CEO. Current operations are small: the company owns a fleet of 20 ASIC miners — 10 Bitmain S21+ units targeting Bitcoin and 10 Bitmain L9 Scrypt miners targeting Litecoin — hosted by a third-party operator, Simple Mining, in Cedar Falls, Iowa, delivering roughly 2.5 petahashes per second of total processing power. The company earns revenue by mining cryptocurrency; when miners successfully validate a transaction block, the company receives a cryptocurrency reward. Revenue depends on the company's hashrate, global network difficulty, and cryptocurrency prices, while electricity costs are the dominant operating expense. The company currently outsources hosting to Simple Mining, avoiding the need to own facilities or manage power contracts, but pays hosting fees that compress margins. The company is targeting a planned 5 MW owned facility in Iowa, where industrial electricity rates run approximately $0.07 per kilowatt-hour, which it argues could improve unit economics — though the facility would require significant capital. To fund operations and growth, the company arranged a $10M equity line of credit with Trillium Partners, under which shares are sold at a 15% discount to market, creating ongoing dilution risk for existing shareholders.

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