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C2 Blockchain Inc. (OTC PINK:CBLO) has announced a strategic investment in Cardano (ADA), planning to initially purchase 100,000 ADA coins next week. The company has set a long-term goal of accumulating 1 million ADA coins as part of its portfolio diversification strategy.
The investment focuses on Cardano's blockchain infrastructure, which utilizes a proof-of-stake (PoS) consensus mechanism, offering enhanced scalability, energy efficiency, and security. C2 Blockchain aims to participate in the Cardano network's growth through staking opportunities, smart contract functionalities, and interoperability initiatives.
CEO Levi Jacobson expressed confidence in Cardano's technology and long-term vision. The company plans to continue examining the crypto market for additional investment opportunities that align with its strategic vision.
C2 Blockchain Inc. (OTC PINK:CBLO) has announced a strategic initiative to acquire and hold Ethereum (ETH) as a core corporate asset, following MicroStrategy's Bitcoin accumulation model. The company plans to reinvest profits from its cryptocurrency mining operations to systematically grow its ETH reserves.
CEO Levi Jacobson emphasized Ethereum's role as the foundation of Web3 and its unique utility through programmability, smart contract capabilities, and energy-efficient proof-of-stake mechanism. The company will allocate a substantial portion of its mining proceeds to expand ETH holdings, creating a self-sustaining treasury strategy without relying on corporate cash reserves or external financing.
This strategy aligns with growing institutional interest in Ethereum from firms like Fidelity, JPMorgan, and BlackRock, positioning C2 Blockchain at the forefront of corporate cryptocurrency adoption.
C2 Blockchain Inc. has secured Regulation A approval, marking a significant milestone in its cryptocurrency venture. The company has unveiled plans to construct a 14MW Bitcoin mining farm in Georgia, while simultaneously partnering with a hosting company to initiate immediate revenue-generating mining operations.
The dual-strategy approach aims to establish long-term mining infrastructure while ensuring immediate operational capabilities. CEO Levi Jacobson emphasized that this regulatory approval will help democratize access to Bitcoin mining investments. The company has expressed its commitment to sustainable practices, indicating plans to explore renewable energy solutions and implement efficient mining practices.
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