Blockmate Ventures Bolsters Bitcoin Treasury and Advances BTC Mining & Web3 Ventures
Rhea-AI Summary
Blockmate Ventures (OTCQB: MATEF) announced it expanded its Bitcoin treasury by acquiring 1 BTC, bringing holdings to 3 BTC, funded from existing cash reserves. The company updated progress at Blockmate Mining and investee Hivello.
Key operational updates include a Wyoming site secured with 200 MW capacity and ongoing negotiations for low-cost power and partners. Hivello milestones include a $HVLO listing on BingX (Oct 2025), >11 integrated DePIN protocols, >5,000 beta nodes, 195M $HVLO staked, and a deflationary burn of >19M $HVLO in June and Oct 2025.
Positive
- Bitcoin treasury increased to 3 BTC
- Wyoming site secured with 200 MW capacity
- $HVLO listed on BingX, improving liquidity and fiat on-ramps
- 19M+ $HVLO burned using quarterly revenue
Negative
- 1 BTC acquisition was funded from cash reserves, reducing liquidity
- Mining operations remain subject to negotiations (power, partners) and are not yet operational
- Blockmate did not disclose revenue or timing for mine startup or commercialization
News Market Reaction 1 Alert
On the day this news was published, MATEF declined 6.87%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Toronto, Ontario--(Newsfile Corp. - November 5, 2025) - Blockmate Ventures Inc. (TSXV: 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 more Bitcoin, and provide a general update on its ventures - Blockmate Mining and Hivello.
Blockmate treasury division expands with 1 further Bitcoin acquired
The acquisition of 1 Bitcoin takes Blockmate's treasury holding to 3 Bitcoin and was funded from Blockmate's existing cash reserves. The Bitcoin treasury division 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 prices[1] rise quickly, businesses like Blockmate's subsidiaries could quickly increase profitability by gaining access to capital and rapidly upscaling.
Bitcoin Mining progressing toward launch
Blockmate's wholly owned subsidiary, Blockmate Mining, is progressing its "mine-and-hold" strategy to generate and accumulate Bitcoin, strengthening the corporate treasury. Key updates include:
- Wyoming Site Secured: 200 MW capacity suitable for AI or Bitcoin mining
- Negotiations Underway: Securing low-cost power and infrastructure, alongside discussions with potential partners or acquirers for the site.
- Additional Sites in Review: Negotiations advancing, with operational updates to follow via TSX Venture Exchange.
Hivello solidifies leadership in DePIN aggregation
Blockmate's investee Hivello continues to simplify access to decentralized physical infrastructure networks (DePIN), enabling users to monetize idle resources with a single click. Key recent achievements include:
- $HVLO Token Listing on BingX exchange (October 2025), boosting global liquidity and fiat on-ramps through Banxa integration.
- 11 Integrated DePIN Protocols, including Theta Network (August 2025) for video streaming rewards and Spheron Network (September 2025), the world's largest community-powered data center.
- Deflationary Buy & Burn: Over 19 million $HVLO permanently removed from circulation in June & October 2025 using quarterly revenue.
- Strong Community Traction: Over 5,000 beta nodes, 195 million $HVLO staked.
- Annual Percentage Yields (APY) up to
88% by staking the $HVLO token..
The DePIN sector currently has a USD
Justin Rosenberg, CEO of Blockmate Ventures, commented:
"Blockmate Mining and Hivello have made excellent progress through 2025 with the Blockmate Mining team deep in discussions which could lead to the quickfire startup of mining operations, a very exciting opportunity for Blockmate. Concurrently we are seeing more traction with Hivello as the platform expands its DePIN network which has created momentum in growing the user base as more people see the simplicity of utilizing the Hivello platform to earn passive income and rewards.
"As these ventures grow and reach stages where rapidly upscaling can deliver beneficial outcomes for stakeholders, the Bitcoin treasury provides flexibility to capitalize on profit opportunities while also providing Blockmate shareholders with direct exposure to digital asset capital growth."
About Blockmate Ventures Inc.
Blockmate Ventures (TSXV: 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.
About Hivello
Hivello is an aggregator of DePIN projects that allows any user to participate in a variety of DePIN networks with just a few clicks. This eliminates the technical hurdles that many users face when trying to join these networks, and allows users to earn passive income by mobilizing their idle computers.We aim to create a simple app that allows users to contribute their computer resources and earn passive income, with no technical knowledge required. It's as easy as downloading, installing, and running nodes, making complex technologies accessible and beneficial to all.
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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.
[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] https://depinscan.io, retrieved 4 November 2025.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273268
FAQ
How many Bitcoins does Blockmate (MATEF) hold after the November 5, 2025 acquisition?
What is the capacity of the Wyoming mining site Blockmate secured for MATEF?
How was the 1 BTC purchase by Blockmate (MATEF) funded?
What Hivello milestones did Blockmate report on November 5, 2025 for MATEF investors?
Does Blockmate (MATEF) have active mining operations following the update?
