Winston-Salem Sheetz features Bitcoin ATM kiosk

Sheetz said Tuesday that its store at 2505 Somerset Center Drive in Winston-Salem is one of six companywide to have a Bitcoin ATM kiosk.

Sheetz is partnering with Coinsource, the world’s largest Bitcoin ATM network, to offer the service.

The kiosks give customers the ability to buy and sell Bitcoin with U.S. dollars within these stores.

“As cryptocurrency increases in popularity and demand, we are excited to add this service in our continual mission to be the ultimate one-stop-shop,” the company said.

Sheetz said that Coinsource is responsible for enforcing financial compliance standards, including anti-money laundering policies.

Customers can transact as little as $5 and as much as $5,000 per day from a Coinsource ATM. To use the machines in store, customers must enroll with Coinsource. For more information, go to https://coinsource.net.

Richard Craver

Winston-Salem warehouse sells for $1.3M

A warehouse facility in Winston-Salem has been sold for $1.3 million, according to a Forsyth County Register of Deeds filings Tuesday.

The buyer of the 4.74-acre site at 5709 Robin Wood Lane is Wide Open Real Estate Warehouses LLC. The seller is Harris Financial Resources of Pilot Mountain.

Unifi board member Charron to step down

Unifi Inc. said in a regulatory filing Tuesday that Paul Charron, a member of its board of directors, plans to resign from his duties on July 15.

The company said Charron “is resigning for personal reasons, and not as a result of any disagreement with the Company on any matter relating to its operations, policies or practices.”

Unifi said the board will be reduced from 10 to nine members.

Richard Craver

IBM completes $34 billion purchase of Red Hat

IBM said Tuesday it has completed its $34 billion purchase of Red Hat. The deal is valued at $190.00 per share in cash.

Red Hat will continue to be led by Jim Whitehurst and the current management team. IBM will maintain Red Hat’s headquarters in Raleigh, as well as facilities, brands and practices in the Triangle.

Red Hat is considered as the world’s leading provider of enterprise open source cloud solutions. It will operate as a distinct unit within IBM and will reported as part of IBM’s Cloud and Cognitive Software segment.

Red Hat’s fiscal year 2019 revenue was $3.4 billion, up 15% year-over-year. Fiscal first quarter 2020 revenue, reported in June, was $934 million, up 15% year-over-year.

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Richard Craver

Richard Craver

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