on CRYPTO BLOCKCHAIN INDUSTRIES (EPA:ALCBI)
CRYPTO BLOCKCHAIN INDUSTRIES Steps Up Investments in Bitcoin Mining
CRYPTO BLOCKCHAIN INDUSTRIES (CBI) announced it has invested over $1.25 million in its Bitcoin mining operations. These investments, aimed at acquiring Bitcoin at a below-market price, were made through the acquisition of Bitmain ASIC servers, operated by Blockware Solutions. This ten-year strategic partnership began in May 2025.
Financing these servers is facilitated by a mechanism involving the sale of CBI shares in blocks with Ker Ventures SARL. Frédéric Chesnais, the controlling shareholder, is responsible for reporting the blocks traded with qualified investors. This strategy is part of CBI's ACE approach, which encompasses acquisition, blockchain asset creation, and revenue generation through mining.
CBI plans to continue these investments and regularly communicate progress. However, the company notes the uncertainties and risks associated with the crypto-asset sector.
R. P.
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