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April 4, 2022


Houston, TX, April 4, 2022 - Spine Injury Solutions, Inc. (the “Company”) [OTCQB: SPIN], a spine injury-related medical service and technology company today announces the completion of its acquisition of Bitech Mining Corporation (“Bitech”), a revolutionary renewable energy technology solution provider for the cryptocurrency mining industry.

Bitech offers a patented Tesdison core technology involving high efficiency power generation via self-charging system solution to replace costly ASICs in the cryptocurrency mining industry and significantly reduce exorbitant electricity bills.

Via a Share Exchange Agreement dated March 31, 2022 (the “SEA”), the shareholders of Bitech acquired control of the Company and filed a Form 8-K with the U.S. Securities and Exchange Commission today.

Upon closing of the share exchange pursuant to the SEA, the Company’s board of directors appointed Dr. Benjamin Tran as its new Chairman of the Board of Directors and its Chief Executive Officer, Mr. Michael Cao as a new member of the board of directors and Robert Brilon as its Chief Financial Officer. Following completion of the share exchange, all existing shareholders of Bitech together will hold approximately 96% of the issued and outstanding shares of the Company’s common stock upon conversion of the Series A Preferred Stock that was issued by the Company.

We’re pleased to join Spin Injury Solutions to provide a platform for the launch of Bitech’s revolutionary net-zero emission energy solution to the ever-growing cryptocurrency world,” stated Dr. Benjamin Tran, CEO of Bitech Mining.

There is an urgency in the global needs of today’s ever-changing energy landscape in the world of cryptocurrency mining where power saving is the most challenging issue. Our goal is to change the future of the cryptocurrency mining businesses by providing this U.S. patented green energy technology capable of producing a highly efficient power solution that has been designed to be safe, reliable, cost effective, modular and easily scalable,” added Dr. Tran.

According to TechCrunch Report in December 2021, the green new era has begun entering the cryptocurrency mining world with a technological shift toward green energy solutions. Organizations such as the Bitcoin Mining Council are working to increase transparency in the industry through higher reporting standards. Many crypto-native organizations are also joining the Crypto Climate Accord, committing to achieve net-zero emissions from electricity consumption associated with crypto-related operations by 2030.

In its Annual Energy Outlook 2021, the U.S. Energy Information Administration projects that the share of renewables in the United States electricity generation mix will increase from 21% in 2020 to 42% in 2050. Envisioning the technological impact of the current market landscape today, our business vision is always long-term as we go green electric. We believe our game-changer technology solution for crypto mining businesses with practical power technologies from our Evirontek integrated technology platform can replace harmful fossil fuels while electricity demand has also surpassed the growth of renewable energy.

Bitech’s planned revenue model is a 5-pronged revenue ecosystem including (1) initial set up fees, (2) system building services, (3) cryptocurrency production revenue sharing, (4) mass production sales of smaller scale systems using the Tesdison Technology, and (5) royalty fees from noncryptocurrency businesses that use the Tesdison Technology.

The recurring revenue nature of production revenue sharing is intended to be our main business model, enhanced with other potential revenue streams to strengthen our business longevity. At times, we plan to offer customized power-saving systems for data centers and power plants using our licensed Tesdison technology while providing capital financing to our strategic partners. Bitech, while licensing and implementing the Tesdison technology to business partners throughout the world, also expects to benefit from collecting a portion of any revenue derived from various large-scale commercialization projects with worldwide partners, using this technology to replace other outdated, ineffective renewable power solutions.

We plan to evaluate and selectively work with sizable cryptocurrency mining clients via our licensing model and assist them in implementing this game changer self-charging energy platform for significant cost reduction with a focus in bitcoin, Ethereum and other popular cryptocurrencies.

The Company plans to change its name to Bitech Mining Corporation in the near future to reflect its new business line.

About Bitech Technologies Corporation

Bitech Technologies Corporation (OTCQB: BTTC), is a technology solutions enabler dedicated to providing a suite of green energy solutions to renewable energy initiatives including knowledge-based online content business in the green energy sector. We pursue these innovative energy technologies through system integration solutions while participating in grid-balancing Battery Energy Storage System (BESS) projects, aiming to apply latest Energy Management System (EMS) technologies in the green energy sector. While participating in the clean energy economy, we are seeking business partnerships with defensible technology innovators and renewable energy providers to facilitate investments, provide new market entries toward emerging-growth regions and implement or manufacture these innovative, scalable energy system solutions with technological focuses on smart grids, Home Energy Management System (HEMS), Building Energy Management System (BEMS), City Energy Management System (CEMS), energy storage, and EV related infrastructure. For more information, please visit www.bitech.tech.

Cautionary Note Regarding Forward-Looking Statements

This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by BTTC and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause BTTC’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for BTTC’s products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K, which are available on the Securities and Exchange Commission’s website at sec.gov. We assume no obligation to update any forward-looking statements contained in this press release.

Contact:

Bitech Technologies Corporation
Investor Relations
Tel: 1.855.777.0888
Email: info@bitech.tech