Bluesky Digital Assets - CEO, Ben Gelfand.
CEO, Ben Gelfand.
Source: Bluesky Digital Assets.
  • Bluesky Digital (BTC) has announced a C$3.25 million private placement with institutional investors
  • The company will use the proceeds to purchase additional digital asset mining equipment and for general working capital purposes
  • The private placement is expected to close on or about September 30, 2021
  • Bluesky Digital Assets mines for digital currencies and develops value-added technology services for the digital currency market
  • Bluesky Digital (BTC) closed down by 29.07 per cent trading at $0.305 per share

Bluesky Digital (BTC) has announced a C$3.25 million private placement with institutional investors.

The company will issue 10,077,519 common shares and accompanying common share purchase warrants priced at $0.3225 per pair.

Each warrant entitles the holder to purchase one common share for $0.43 for 60 months from the closing.

Bluesky will use the proceeds to purchase additional digital asset mining equipment and for general working capital purposes.

H.C. Wainwright & Co. is acting as the exclusive placement agent.

The private placement is expected to close on or about September 30, 2021.

Bluesky Digital Assets mines digital currencies and develops value-added technology services for the digital currency market.

Bluesky Digital (BTC) closed down by 29.07 per cent trading at $0.305 per share.

More From The Market Online
Representation of blockchain technology

Crypto and blockchain stock ends year with a profit

Neptune Digital Assets (TSXV:NDA), a crypto and blockchain infrastructure stock, posted a net income profit of C$17.1 million in fiscal 2024.
Solana tokens

SOL Global Investments begins staking Solana

SOL Global Investments (CSE:SOL) stakes its initial investment of 8,123 tokens of the Solana cryptocurrency at a yield of 5.6 per cent.