BULT Stock Gearing Up: Bitcoin ATM Patent Empire Meets Big Market Dreams

Bullet Blockchain (BULT) just made three moves that signal serious growth ambitions. The company appointed Elkana Amitai CPA—a Public Company Accounting Oversight Board (PCAOB) auditor—to tighten its financial compliance, and is prepping its common stock for uplisting to the OTCQB market. But here’s what really matters: BULT controls two critical Bitcoin ATM patents that could be the linchpin of an entire industry.

The Patent Play: Why BULT’s IP Assets Matter

Through its subsidiary First Bitcoin Capital LLC, BULT owns two extant U.S. patents: US9135787B1 (“Bitcoin kiosk/ATM device and system integrating enrollment protocol”) and US10332205B1 (“Bitcoin kiosk/ATM device and system and method of using the same”). These aren’t niche assets—they’re foundational to how Bitcoin ATM networks operate. The company isn’t sitting on them either. BULT plans to roll out tiered licensing programs including per-transaction fees, revenue-sharing models, and partner arrangements with Bitcoin ATM operators.

The strategy is straightforward: as Bitcoin ATM adoption accelerates across the U.S., BULT positions itself as the licensing gatekeeper. The company has already retained legal counsel to pursue unlicensed Bitcoin ATM manufacturers and operators, essentially aiming to bring an entire industry into compliance with its intellectual property rights.

Cleaning Up the Playbook: Audit and Governance Push

The appointment of Elkana Amitai CPA firm marks a deliberate governance upgrade. By bringing in a PCAOB auditor, BULT is signaling to investors and regulators that it takes financial transparency seriously. This move typically precedes significant corporate milestones—in this case, the planned uplisting to OTCQB.

Why does this matter? Better audit oversight equals investor confidence. As BULT expands its blockchain footprint and Bitcoin ATM licensing operations, having robust financial reporting standards in place reduces friction with regulators and institutional investors watching the OTC markets.

The Uplist: Liquidity and Access

The jump from OTC pink sheets to OTCQB represents a tangible step up in market profile. It expands the investor base by providing better reporting standards, improved visibility, and greater liquidity for BULT stock holders. For a company banking on broad adoption of its licensing model, wider accessibility matters.

BULT frames this as recognition of its strengthening financial position and growth prospects—which, combined with its patent portfolio and enforcement strategy, paints a picture of a company moving from startup positioning into operational execution.

The Bitcoin ATM Market Tailwind

Bitcoin ATMs have become an accessible on-ramp for retail users wanting to buy and sell Bitcoin for cash. As crypto adoption continues climbing, the demand for these kiosks grows. BULT’s dual-patent protection creates a defensible moat in this space, provided enforcement efforts succeed. The real play here isn’t just the patents themselves—it’s the revenue stream from licensing a critical piece of Bitcoin ATM infrastructure as the market expands.

BULT stock investors should watch three metrics going forward: successful uplisting execution, auditor findings in compliance reporting, and early traction on licensing partnerships with ATM operators.