The widely diversified investment firm Digital Asset Monetary Network Inc. (DigitalAMN) (OTC: DATI) is recognized for seamlessly integrating social impact investing and value investing. On January 3, 2023, the company made headlines with significant updates spanning its strategic divisions.
Bullet Blockchain (OTC: BULT) operating under the Business Management and Administration division of Digital Asset Monetary Network, is a client company. The corporation highlighted that, in 2023, Bullet Blockchain made significant strides by implementing Bitcoin (BTC) ATMs and enhancing its patent strategy.
The company announced a notable achievement, obtaining approval for a Regulation D offering of $7.5 million in the second fiscal quarter of 2023, following the completion of the research and development phase. This approval represents a significant step forward for the corporation as it advances toward the ultimate goal of a complete commercial launch of the PAI program.
Digital Asset Monetary Network highlighted its initiation of fundraising activities through modest bridge loans from investors and founders. These bridge loans serve as a means for the company's management to secure time for compiling a roster of accredited investors eligible to partake in the previously mentioned offering.
In its news release, Digital Asset Monetary Network emphasized that while the asset and business portfolio is expected to expand in 2024, the commercial launch of the PAI program would serve as a manifestation of its corporate vision. Furthermore, the company highlighted accomplishments in the realms of digital assets and blockchain technology throughout 2023. Specifically, notable progress was made with two development companies: Dot Hip Hop Inc. and Bullet Blockchain Inc.
Digital Asset Monetary Network Inc. (OTC: DATI) has surpassed its prior day's peak and is presently trading at $0.05, slightly below its 20, 50, and 200-day moving averages (DMA), with a 52-week high of $0.095.
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