Bluesky Digital Assets Corp Stock Price, News & Analysis

Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) has issued a correction to its March 7, 2025 press release regarding the terminology used for certain securities granted to Directors and Consultants. The company clarified that the previously mentioned '6,250,000 Performance Warrants' should have been referred to as 'Stock Options'. The correction only pertains to the naming of these securities, while all terms and conditions originally disclosed remain unchanged.

Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced two significant corporate updates. First, the company has granted 6,250,000 Performance Warrants to Directors and Consultants, allowing holders to purchase common shares at $0.25 CAD per share within a 24-month expiration period. These warrants come with no vesting restrictions.

Additionally, Bluesky has activated its previously secured $750,000 CAD revolving credit facility, choosing to draw $150,000 CAD for general working capital purposes. This facility was initially announced on January 7, 2025.

Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has announced a strategic investment in ChessGold Inc., an online digital game developer. The investment involves a loan agreement of up to $1,000,000 CAD with a 5% annual interest rate, backed by a General Security Agreement on ChessGold's assets.

The loan can be converted into ChessGold Common Shares at a price determined by the company's valuation at conversion time or its Initial Public Offering price. ChessGold will use the funds for working capital and to support its planned public listing.

ChessGold has become a commercial client of Bluesky's BlueskyIntel.com platform, which will provide consulting expertise before the game's market launch. The investment aligns with Bluesky's focus on Artificial Intelligence and Blockchain technology, which ChessGold incorporates into its game development process.

Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has secured an unsecured revolving credit facility worth $750,000 CAD from a syndicate of three private lenders. The facility carries an 8% annual interest rate and can be accessed through multiple advances for general working capital purposes, supporting the company's AI research and development initiatives and the advancement of its BlueskyINTEL platform.

Additionally, the company has entered into business development agreements with consultants, agreeing to issue 7,500,000 Common Shares as compensation. These consultants will help source acquisition targets to expand Bluesky's AI business model. The share issuance will not result in a change of control of the

Bluesky Digital Assets Corp. (CSE: BTC, OTCQB: BTCWF) has successfully raised a total of $1,159,049 CAD through multiple warrant exercises. The funding was secured through three separate warrant exercises: $771,549 CAD from 1,695,712 warrants at $0.445 CAD each, $325,000 CAD from 5,000,000 warrants at $0.065 CAD each, and $62,500 CAD from 1,250,000 warrants at $0.05 CAD each. Additionally, the company settled $126,000 CAD in debt by issuing 200,000 common shares at $0.63 CAD per share. The proceeds will be used to advance the company's AI development initiatives and for working capital purposes.

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.

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.

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.

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.