Bitcoin mining at 40% discount: Blockmate's strategy – ICYMI

Core Viewpoint - Blockmate Ventures Inc has launched a dedicated Bitcoin Treasury division to enhance its "mine and hold" strategy, aiming to capitalize on the growing Bitcoin market [1][3]. Company Strategy - The new Bitcoin Treasury division complements the company's broader Bitcoin mining initiative, which was announced earlier [2][3]. - The company expects to mine Bitcoin at a 40% discount to the current spot price, providing a significant commercial advantage over purchasing Bitcoin directly from the market [2][6]. Mining Operations - Blockmate has secured a site in Wyoming, USA, with competitive power costs at $0.03 per kilowatt-hour, and plans to operate a 200 megawatt facility [6]. - At full capacity, the facility is projected to mine approximately 200 Bitcoins per month, translating to over $20 million in monthly revenue [6]. Future Plans - The company aims to build its Bitcoin Treasury and is in discussions for joint ventures related to its mining facility, including potential partnerships for 50 megawatt components [7]. - Future plans include transitioning from Bitcoin to AI infrastructure, indicating a long-term vision for diversification [7].