- Bluesky Digital Assets (BTC) enters a strategic partnership with Monbanc Corporation for $1 million and appoints a new board director
- Bluesky mines digital currencies and Monbanc is an institutional digital asset mining, trading, and finance company
- The corporation acquired ASIC and GPU mining rigs for 6.06 million of its common shares
- The mining rigs are currently online and in operation at the corporation’s mining facilities
- Bluesky also appoints Daniel W.K. Rafuse to its board of directors
- Bluesky Digital Assets Corp. (BTC) is up 8.33 per cent and is trading at $0.19 per share as of 11:37 a.m. ET
Bluesky Digital (BTC) has entered into a partnership with Monbanc Corporation to expand its digital mining operations and appointed a new board director.
Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market.
Monbanc is a well-established institutional digital asset mining, trading, and finance company that specializes in mining hardware procurement, data centre operations, and has global supply chain relationships.
In entering the relationship, Bluesky acquired $1 million worth of ASIC and GPU mining rigs from Monbanc in exchange for 6.06 million Bluesky common shares at $0.165 per share.
The ASIC and GPU mining rigs are currently online and in operation at the corporation’s mining facilities. The issuance of the shares will not result in a change of control of Bluesky.
Bluesky has also appointed Daniel W.K. Rafuse to its board of directors. Rafuse plans to leverage his industry expertise and assist Bluesky in the strategic growth and planning of crypto mining operations going forward.
Rafuse stated,
“Monbanc has provided Bluesky access to Monbanc’s hosting facilities in Texas which currently have a combined pipeline of 175 megawatts… Texas is a very friendly environment for low-cost mining, and we believe we can get the most upside on Bluesky’s investment of equipment in Texas.”
Bluesky Digital Assets Corp. (BTC) is up 8.33 per cent and is trading at $0.19 per share as of 11:37 a.m. ET.