Core Insights - Blockmate Ventures Inc. has expanded its Bitcoin treasury by acquiring 1 Bitcoin, increasing its total holdings to 2 Bitcoin, funded from existing cash reserves [1] - The company believes Bitcoin will become a strategic treasury asset for businesses, aiding in value preservation and risk management [2] - Blockmate Mining has secured a site with competitive electricity costs of USD 3.3 cents per kilowatt-hour, expected to support up to 200 megawatts of mining infrastructure [3] Financial and Operational Highlights - A fully utilized 200MW mining site could generate approximately 200 Bitcoin per month and operate at an estimated 40% discount to the prevailing spot price [4] - The treasury could provide financing options that benefit from both treasury appreciation and financing income when Bitcoin prices rise [4] - The company maintains a strict investment mandate and has no immediate plans to utilize the newly acquired Bitcoin for specific projects at current market prices [5] Future Outlook - Blockmate will periodically review further potential Bitcoin and digital asset acquisitions [6] - The company positions itself as a venture builder in the blockchain space, aiming for capital growth exposure to Bitcoin while developing significant capital facilities [5]

Core Insights - Blockmate Ventures Inc. has launched a dedicated Bitcoin treasury division, aligning its corporate strategy with a long-term belief in Bitcoin's value [1][2] - The division has established secure wallet infrastructure and completed an initial purchase of one Bitcoin, reflecting the company's conviction in Bitcoin as a strategic treasury asset [2] - Blockmate Mining, a wholly owned subsidiary, is pursuing a "mine-and-hold" strategy to accumulate Bitcoin on its balance sheet as operations scale [3] Financial and Operational Highlights - Blockmate Mining has secured a site with competitive electricity costs of USD 3.3 cents per kilowatt-hour, expected to support up to 200 megawatts (MW) of mining infrastructure [4] - A fully utilized 200MW site could generate approximately 200 Bitcoin per month and support mining at an estimated 40% discount to the prevailing spot price [5] - The company plans to regularly assess further treasury purchases to enhance balance sheet agility alongside its mine-and-hold strategy [6] Strategic Outlook - CEO Justin Rosenberg emphasized that holding Bitcoin provides capital growth opportunities and liquidity options for the company [6] - Planned Bitcoin acquisitions are under review and will be disclosed through the TSX Venture Exchange in due course [7] - Blockmate Ventures operates in the Blockchain & Web3 sector, investing in scalable blockchain, mining, and digital infrastructure companies [7]