ANN ARBOR, Mich., Nov. 6, 2014 /PRNewswire/ -- Bitcoin Brands Inc. (OTC: CEHC) today announced that it has placed a bitcoin ATM at the TriStar Gym in Montreal.
Led by Firas Zahabi, the TriStar Gym is one of the leading MMA gyms in the world having produced numerous champions most notably UFC legend Georges St. Pierre and home to current UFC title contender Rory MacDonald.
The ATM allows any visitor to TriStar to quickly and easily purchase bitcoin. The large display screen with current prices allows users to buy bitcoin for Canadian currency. A transaction is typically done in under a minute and the user has the option of delivery to their digital wallet or a paper wallet dispensed from the machine.
"The installation of a bitcoin teller machine at TriStar is an accomplishment for us and for bitcoin in general. For a home of champions to embrace to the bitcoin currency and technology, it demonstrates how far bitcoin has come in a short period of time," added Peter Klamka, President of Bitcoin Brands.
"I am excited to be one of the first to host a bitcoin ATM here in Montreal and to have the very first in bitcoin ATM the sport of mixed martial arts," commented Firas Zahabi.
The hours of the TriStar Gym are from 8:00am to 10:00pm Monday through Friday. Saturdays the gym is open from 10am to3pm and Sundays from 10am to 6:00pm. TriStar Gym is located on 5275 Rue Ferrier in Montreal. The ATM is open for use by the public.
Forward Looking Statements
This release includes forward-looking statements. While statements are made to convey progress, business opportunities and prospects, readers are cautioned that such statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available at this time, results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include: dependence on changing regulations, network failure; component costs; Bitcoin prices, economic conditions; and consumer demand for its services.
Additional considerations and risk factors are set forth in reports filed with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements.
SOURCE Bitcoin Brands Inc.