Welcome to our dedicated page for Bluesky Digital Assets news (Ticker: BTCWF), a resource for investors and traders seeking the latest updates and insights on Bluesky Digital Assets stock.
Bluesky Digital Assets Corp. reports developments tied to its artificial intelligence, blockchain and Web3 business initiatives. Company updates describe the BlueskyINTEL platform, a web platform for businesses adopting emerging digital technologies, and ChessGold Inc., an online chess gaming platform supported by Bluesky funding and business-services assistance.
Recurring news also covers non-brokered private placements, unit issuances, stock-option disclosures, governance corrections and other capital-structure matters. Operating updates include platform launches, user activity categories and the use of financing proceeds for AI development, online gaming endeavors and working capital.
Bluesky Digital Assets (CSE:BTC, OTCQB:BTCWF) and ChessGold announced a non-brokered private placement of ChessGold subscription receipts and special warrants for minimum cash proceeds of C$750,000 and up to C$3,000,000 (cash plus debt settlements) at C$0.0825 per security, tied to their proposed business combination.
Each subscription receipt or special warrant converts into a ChessGold unit (one share and one warrant at C$0.12, 24-month term), which will later be exchanged 1:1 into Resulting Issuer shares and warrants of Bluesky upon completion of the transaction as the contemplated liquidity event. Debt settlements with certain creditors, directors and officers are expected to account for no more than C$850,000 and constitute a related-party transaction under MI 61-101, with Bluesky relying on valuation and minority approval exemptions. Escrowed funds must support a liquidity event within four months or be refunded, and Bluesky shares remain halted until the transaction closes, which is subject to CSE and shareholder approvals.
Bluesky Digital (CSE:BTC, OTCQB:BTCWF) provided an update on its proposed acquisition of ChessGold Inc., a transaction currently in advanced review stages with the Canadian Securities Exchange (CSE). The CSE has classified the deal as a Fundamental Change, and trading in Bluesky’s common shares remains halted while the review continues.
Bluesky is working with the CSE, responding to requests for additional information as part of the normal regulatory process. The company intends to convene a special shareholder meeting to consider and potentially approve the Transaction and related matters, supported by a detailed management information circular now under CSE review. Trading is expected to stay halted until the circular is filed and the CSE completes its review, and Bluesky cautions there is no assurance on timing for review completion, the shareholder meeting, or trading resumption.
Bluesky Digital Assets Corp (CSE:BTC / OTCQB:BTCWF) entered a share exchange agreement dated April 17, 2026 to acquire all issued and outstanding common shares of ChessGold Inc. The Transaction is non-arm's length and will constitute a fundamental change under Canadian Securities Exchange policies.
On closing, Bluesky will change its name to ChessGold Inc and will carry on ChessGold's business, subject to the Agreement's terms and conditions.
Bluesky Digital Assets (OTCQB:BTCWF) reports major growth at portfolio company ChessGold, which reached 43,732 registered users across 221 countries and processed over 283,000 competitive matches between July 2025 and February 2026. Monthly new registrations grew from 804 to 14,251 (17.7×) in five months. The platform added App Store with Apple Pay, Play Store Lite, Google Pay support in Jan 2026, and plans a web app for Fall 2026.
Bluesky Digital Assets (CSE:BTC / OTCQB:BTCWF) entered a binding LOI dated January 21, 2026 to acquire ChessGold Inc. via a three-cornered amalgamation, share exchange or arrangement, subject to a Definitive Agreement and regulatory approvals including CSE acceptance.
The company will issue 10,000,000 shares at $0.10 (future ChessGold holders ~11.84% pro forma) and 20,000,000 milestone warrants; a non-brokered private placement of up to $3.0M at $0.10/unit (plus 25% overallotment) will be completed prior to or concurrent with closing.
Bluesky Digital Assets Corp. (OTCQB: BTCWF) has signed a non-binding letter of intent (LOI) with ChessGold Inc., an online digital game developer, dated July 29, 2025. The LOI grants Bluesky a 120-day exclusive due diligence period to review ChessGold's business and assets.
Upon successful completion of due diligence, Bluesky will have the opportunity to negotiate a definitive agreement to acquire 100% of ChessGold's equity or its entire business. The final deal structure and terms will be determined after the due diligence period. The transaction remains subject to customary closing conditions, including regulatory approvals and Canadian Securities Exchange approval.
Bluesky Digital Assets (OTCQB: BTCWF) has completed the second tranche of its Non-Brokered Private Placement, raising C$100,000 through the issuance of 1,200,000 Units at C$0.12 per Unit. The total amount raised across both tranches now stands at C$310,000, with 2,583,333 Units issued.
Each Unit comprises one Common Share and one Warrant, with the Warrant exercisable at C$0.15 for 24 months. The company has extended the offering's closing date to August 15, 2025, targeting total gross proceeds of up to C$1,000,000. The proceeds will be used to advance AI development, online gaming initiatives, and working capital purposes.
Bluesky Digital Assets Corp. (OTCQB: BTCWF) has released the first-month performance metrics for its ChessGold platform, launched on May 15, 2025. The platform achieved significant traction with 73,000 unique website visits, 2,389 registered users, and 10,317 games played. ChessGold has also processed 183 transactions and built a Facebook following of 17,000+ followers.
The platform's peak activity reached 714 completed games in a single day. ChessGold plans to introduce new features, including tournaments and partnerships, to enhance user experience. Bluesky previously announced providing late-stage funding to ChessGold for development, completion, and server infrastructure support.
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.