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BLUESKY DIGITAL ASSET CRP - BTCWF STOCK NEWS

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Bluesky Digital Assets Corp. operates at the forefront of Artificial Intelligence, Blockchain, and Web3 business solutions, creating a high-value digital enterprise. Leveraging proprietary technology solutions, Bluesky has invested in its Roadmap, particularly in its platform BlueskyINTEL. This innovative web platform supports businesses in adopting and utilizing emerging AI and Blockchain technologies.

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Bluesky Digital Assets (CSE: BTC) (OTCQB: BTCWF) has confirmed no material changes in operations despite recent market activity increases. The company announced the closing of its fully subscribed non-brokered private placement, raising C$242,500 through 4,850,000 Units at C$0.05 per Unit. Each Unit includes one Common Share and one Warrant exercisable at C$0.065 for 24 months. Additionally, the company raised C$415,250 through warrant exercises, bringing total funds raised to C$657,750. The private placement was conducted under the Listed Issuer Financing Exemption with no resale restrictions in Canada.

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Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) announced that its BlueskyINTEL Web Engagement Platform (WEP) will officially launch in January 2025 and begin generating subscription and partnership revenue. The platform, which focuses on Artificial Intelligence and Blockchain technology, has reached a strategic release milestone following a successful soft launch in July 2024. The WEP connects businesses seeking to adopt AI & BC technology with solution providers through an AI-powered matchmaking service. The company reported impressive response during the soft launch and interest from Amazon AWS teams for potential strategic alignments.

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Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced a non-brokered private placement offering of up to 4,850,000 Units at C$0.05 per Unit, targeting gross proceeds of up to C$242,500. Each Unit includes one common share and one purchase warrant exercisable at C$0.06 for 24 months. The company plans to use proceeds for marketing its blockchain platform, developing its AI division Bluesky INTEL, and working capital. Additionally, the company will settle C$210,000 in debt through issuing 3,500,000 common shares at C$0.06 per share.

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Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced significant enhancements to its BlueskyINTEL Web Engagement Platform (WEP), focusing on new business functionality to support monetization plans. The platform, which leverages Artificial Intelligence (AI) and Blockchain (BC) technology, has reached a strategic release milestone following its soft launch on July 2, 2024.

Key updates include:

  • Launch of project management, calendaring, and file storage/sharing functions
  • New feature allowing business users to invite Solution Providers for professional services engagements
  • Improved AI-powered matchmaking service for businesses and solution providers

The company continues to track against its internal roadmaps and has received positive feedback during the soft launch period. Bluesky is also exploring strategic alignment with AWS for AI Generative Services deployment.

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Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced several key updates:

1. The company has engaged a third-party evaluator to assess the market value of its AI-Powered B2B/C2B Matchmaking Service, BlueskyINTEL.com. This valuation is part of Bluesky's strategy to pursue acquisition targets and expand its AI business plan.

2. The Business and Technical Roadmap for BlueskyINTEL is progressing as scheduled, with additional modules planned for release in the next quarter.

3. Bluesky has settled $326,000 CAD in debt through the issuance of 6,520,000 Common Shares at $0.05 CAD per share. This includes a $100,000 CAD loan payable and $226,000 CAD owed to consultants.

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Bluesky Digital Assets Corp announced a 7:1 share consolidation effective June 7, 2024. Consequently, its OTC Markets trading symbol changed from 'BTCWF' to 'BTCWD' in the U.S. The symbol 'BTC' on the Canadian Securities Exchange remains unchanged. Additionally, Bluesky entered a debt settlement agreement with a third-party consultant for $100,000 CAD, to be settled by issuing 1,000,000 Common Shares at $0.10 CAD per share.

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Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) announces a share consolidation approved by its Board of Directors. The consolidation converts every seven pre-consolidation common shares into one post-consolidation share, effective June 7, 2024, pending approval from the Canadian Securities Exchange. Post-consolidation, 25,172,726 shares will be outstanding, down from 176,209,084. This move, aimed at recapitalizing and attracting strategic acquisitions in the AI space, will adjust the exercise or conversion prices proportionately. The new shares will trade under the same symbols but with new CUSIP and ISIN numbers.

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Bluesky Digital Assets Corp. reported the results of its Annual General Meeting (AGM), including the appointment of auditors, approval of stock option plan, share consolidation, and election of directors. Out of 169,200,196 eligible shares, 68,650,274 voted. The also settled a debt of $45,200 CAD through issuing 2,008,889 Common Shares at $0.0225 CAD each.

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Bluesky Digital Assets Corp. will present at the Blockchain & Digital Asset Virtual Investor Conference on April 25th, 2024. CEO Ben Gelfand and COO Anthony R. Pearlman will be speaking at the event, inviting individual and institutional investors to participate in person or online.
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Bluesky Digital Assets Corp. announces debt settlement through issuance of Common Shares to repay loans and secure debt, preserving cash for working capital and AI development without changing control.
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FAQ

What is the current stock price of BLUESKY DIGITAL ASSET CRP (BTCWF)?

The current stock price of BLUESKY DIGITAL ASSET CRP (BTCWF) is $0.52 as of November 22, 2024.

What is the market cap of BLUESKY DIGITAL ASSET CRP (BTCWF)?

The market cap of BLUESKY DIGITAL ASSET CRP (BTCWF) is approximately 10.3M.

What is the core business of Bluesky Digital Assets Corp.?

Bluesky operates at the intersection of Artificial Intelligence, Blockchain, and Web3 business solutions, creating a high-value digital enterprise.

What is Bluesky's flagship platform?

Bluesky's platform, BlueskyINTEL, is a collaborative platform that supports businesses in adopting and utilizing emerging AI and Blockchain technologies.

How does Bluesky leverage its success as an early adopter?

Bluesky has invested in its Roadmap, focusing on proprietary technology solutions to drive innovation in AI and Blockchain.

What recent achievement has Bluesky Digital Assets Corp. announced?

Bluesky recently completed a 7:1 share consolidation and changed its trading symbol on the OTC Markets to BTCWD.

How does Bluesky settle its debts?

Bluesky settles debts through the issuance of Common Shares, recently settling a $100,000 CAD debt via 1,000,000 Common Shares at $0.10 CAD per Common Share.

BLUESKY DIGITAL ASSET CRP

OTC:BTCWF

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