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Midpoint Holdings ( (TSE:MATE) ) has provided an announcement.
Blockmate Ventures Inc. has released an updated investor presentation to attract sophisticated and wholesale investors. The presentation outlines the company’s strategy to raise capital directly into its subsidiary, Blockmate Mining, without diluting Blockmate Ventures’ shares. The capital will support a ‘Mine-and-Hold’ strategy at the Wyoming facility, aiming for rapid monetization and scaling to 200MW capacity. This move is expected to enhance Blockmate’s operational efficiency and market positioning in the blockchain and digital infrastructure industry.
More about Midpoint Holdings
Blockmate Ventures Inc. is a Blockchain and Web3 venture builder that invests in and operates scalable blockchain, mining, and digital infrastructure companies. The company provides diversified exposure to emerging sectors within Web3 through its portfolio, which includes decentralized computing with Hivello and Blockmate Mining.
Average Trading Volume: 371,254
Technical Sentiment Signal: Buy
Current Market Cap: C$18.1M
For a thorough assessment of MATE stock, go to TipRanks’ Stock Analysis page.