Blockmate expands treasury, acquires 1 more Bitcoin
Blockmate Ventures (OTCQB: MATEF) has expanded its Bitcoin treasury by acquiring 1 additional Bitcoin, bringing its total holdings to 2 Bitcoin. The acquisition was funded from existing cash reserves and will be stored in secure wallet infrastructure integrated with audited reporting.
The company's subsidiary, Blockmate Mining, has secured a site with competitive electricity costs of USD 3.3 cents per kilowatt-hour. The facility, once fully developed, could support up to 200 megawatts (MW) of mining infrastructure with potential to generate approximately 200 Bitcoin per month under current market conditions, at an estimated 40% discount to the spot price.
Blockmate Ventures (OTCQB: MATEF) ha ampliato il suo tesoro di Bitcoin acquisendo 1 Bitcoin aggiuntivo, portando il totale a 2 Bitcoin. L'acquisizione è stata finanziata con riserve di liquidità esistenti e sarà conservata in un'infrastruttura wallet sicura integrata con reportistica verificata.
La controllata della società, Blockmate Mining, ha ottenuto un sito con costi elettrici competitivi di 3,3 centesimi di USD per kilowattora. La struttura, una volta completamente sviluppata, potrebbe supportare fino a 200 megawatt (MW) di infrastrutture di mining con potenziale di generare circa 200 Bitcoin al mese alle condizioni di mercato attuali, con uno sconto stimato del 40% rispetto al prezzo spot.
Blockmate Ventures (OTCQB: MATEF) ha ampliado su tesorería de Bitcoin adquiriendo 1 Bitcoin adicional, aumentando su total a 2 Bitcoin. La adquisición fue financiada con reservas de efectivo existentes y se almacenará en una infraestructura de billetera segura integrada con informes auditados.
La subsidiaria de la compañía, Blockmate Mining, ha asegurado un sitio con costos eléctricos competitivos de 3.3 centavos de USD por kilovatio-hora. La instalación, una vez completamente desarrollada, podría soportar hasta 200 megavatios (MW) de infraestructura minera con potencial para generar aproximadamente 200 Bitcoin por mes bajo las condiciones actuales del mercado, con un descuento estimado del 40% sobre el precio spot.
Blockmate Ventures (OTCQB: MATEF)는 비트코인 보유고를 1개 추가로 확장하여 총 2비트코인을 보유하게 되었습니다. 이번 인수는 기존 현금 보유액으로 자금을 조달했으며, 감사된 보고서와 통합된 안전한 지갑 인프라에 보관될 예정입니다.
회사의 자회사인 Blockmate Mining은 킬로와트시당 3.3센트(USD)의 경쟁력 있는 전기 요금으로 부지를 확보했습니다. 이 시설은 완전히 개발되면 최대 200메가와트(MW)의 채굴 인프라를 지원할 수 있으며, 현재 시장 조건에서 약 월 200비트코인을 생성할 수 있는 잠재력을 가지고 있으며, 이는 현물 가격 대비 약 40% 할인된 가격입니다.
Blockmate Ventures (OTCQB : MATEF) a augmenté son trésor de bitcoins en acquérant 1 bitcoin supplémentaire, portant son total à 2 bitcoins. L'acquisition a été financée à partir des réserves de trésorerie existantes et sera stockée dans une infrastructure de portefeuille sécurisée intégrée à un reporting audité.
La filiale de la société, Blockmate Mining, a sécurisé un site avec des coûts d'électricité compétitifs de 3,3 cents USD par kilowattheure. L'installation, une fois entièrement développée, pourrait supporter jusqu'à 200 mégawatts (MW) d'infrastructures de minage avec un potentiel de générer environ 200 bitcoins par mois dans les conditions actuelles du marché, avec une remise estimée à 40% par rapport au prix au comptant.
Blockmate Ventures (OTCQB: MATEF) hat seinen Bitcoin-Schatz durch den Erwerb von 1 zusätzlichem Bitcoin erweitert und hält nun insgesamt 2 Bitcoin. Der Erwerb wurde aus bestehenden Barreserven finanziert und wird in einer sicheren Wallet-Infrastruktur mit geprüfter Berichterstattung aufbewahrt.
Die Tochtergesellschaft des Unternehmens, Blockmate Mining, hat einen Standort mit wettbewerbsfähigen Stromkosten von 3,3 US-Cent pro Kilowattstunde gesichert. Die Anlage könnte, einmal vollständig entwickelt, bis zu 200 Megawatt (MW) Mining-Infrastruktur unterstützen und unter den aktuellen Marktbedingungen etwa 200 Bitcoin pro Monat erzeugen, bei einem geschätzten 40%igen Rabatt auf den Spotpreis.
- Strategic expansion of Bitcoin treasury holdings to 2 BTC
- Secured mining facility with highly competitive electricity rate of $0.033/kWh
- Mining facility capable of 200 MW capacity with potential 200 BTC monthly production
- Estimated 40% discount to spot price for Bitcoin mining operations
- No immediate plans for utilizing the acquired Bitcoin
- Significant capital required for full mining facility development
TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) (“Blockmate” or the “Company”) is pleased to announce the expansion of its Bitcoin treasury division through the acquisition of 1 Bitcoin, which takes Blockmate’s treasury holding to 2 Bitcoin.
The new 1 Bitcoin acquisition was funded from Blockmate’s existing cash reserves and is now stored with secure wallet infrastructure that has been integrated with Blockmate’s audited reporting.
The treasury is aligned to Blockmate’s conviction that Bitcoin will play an increasingly important role as a strategic treasury asset for companies focused on preserving value and managing risk. In scenarios where Bitcoin prices1 rise quickly, businesses like Blockmate’s wholly-owned subsidiary Blockmate Mining could quickly increase profitability by gaining access to capital and rapidly upscaling.
As announced on May 27, 2025, Blockmate Mining has secured a site with electricity costs of just USD 3.3 cents per kilowatt-hour — among the most competitive rates in North America. Once fully developed, the facility is expected to support up to 200 megawatts (MW) of mining infrastructure.
For illustrative purposes only, based on current Bitcoin prices and network difficulty, a fully utilized 200MW site could generate approximately 200 Bitcoin per month. Similarly, under current market conditions, the site could support Bitcoin mining at an estimated
In scenarios where investees can capitalize on high Bitcoin prices, Blockmate’s treasury could provide finance options whereby Blockmate benefits from treasury appreciation and financing income.
Justin Rosenberg, CEO of Blockmate Ventures, commented:
“As an incubator of venture projects specialising in the blockchain space, Blockmate is in a position to gain capital growth exposure to Bitcoin, while also building what could potentially be a significant capital facility. Coupled with the Blockmate team’s strong track record in building blockchain businesses, Blockmate will be in a stronger position to identify, incubate, commercialize and scale up more innovative blockchain and Web 3 projects.”
Blockmate maintains a strict investment mandate for all investees and has no immediate plans to use the to-be acquired Bitcoin for any specific project at current Bitcoin market prices. Subsequently, the Bitcoin will remain as an asset on Blockmate’s balance sheet until such time arises or it is divested.
Further potential Bitcoin and digital asset acquisitions will be reviewed periodically.
About Blockmate Ventures Inc.
Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to Blockmate Mining, the Company’s portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond.
To learn more, visit www.blockmate.com.
Blockmate welcomes investors to join the Company’s mailing list for the latest updates, webinars and industry research by subscribing at https://www.blockmate.com/subscribe.
ON BEHALF OF THE BOARD OF DIRECTORS
Justin Rosenberg, CEO
Blockmate Ventures Inc
justin@blockmate.com
(+1-580-262-6130)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains "forward-looking statements" or "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.
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1 The price of Bitcoin is highly volatile and may decrease significantly over time. As a result, any holdings or treasury strategies involving Bitcoin are subject to market risk and could lead to financial loss.
2 These estimates are subject to change based on network conditions, hardware availability, electricity pricing, and the market price of Bitcoin. There is no assurance that these conditions will remain favorable or that Blockmate will be able to achieve these projections.
FAQ
How many Bitcoin does Blockmate (MATEF) now hold in its treasury?
What is the electricity cost for Blockmate's mining facility?
What is the potential monthly Bitcoin production at Blockmate's new mining facility?
How much discount to spot price can Blockmate achieve in its mining operations?
What is Blockmate's plan for the newly acquired Bitcoin?
