South American gold miner Nilam Resources wants to buy 24,800 Bitcoin

  • Nilam Resources, Inc., will issue a newly authorized Preferred Class of Series C Stock in in exchange for 24,800 Bitcoins

Crypto media is carrying the report:

  • Nilam Resources has announced it is entering into a Letter of Intent (LOI) with Xyberdata Ltd. to acquire 24,800 bitcoin.

Nilam is a precious metal mining company with principal assets in Peru.

NIlam says Bitcoin is gaining recognition as the "Gold Standard" in digital transactions.

BTC/USD with the surge on Monday:

btcusd nilam resources 26 March 2024 2

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