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Bluebird Merchant Ventures ( (GB:BMV) ) has issued an announcement.
Bluebird Mining Ventures Ltd. has announced a successful funding round through direct subscription agreements totaling £257,500, alongside additional conversions and equity issues, aimed at strengthening its balance sheet. This financial maneuver supports the company’s strategic pivot towards combining physical gold streaming revenues with Bitcoin treasury management, and includes plans to purchase Bitcoin mining machines, reflecting a shift towards digital assets. The company is also in search of a new CEO to lead this transition.
More about Bluebird Merchant Ventures
Bluebird Mining Ventures Ltd. is a pan Asian gold project development company operating in the mining sector, with a focus on integrating traditional gold mining with digital assets, specifically Bitcoin.
Average Trading Volume: 10,790,305
Technical Sentiment Signal: Strong Sell
Current Market Cap: £4.03M
See more insights into BMV stock on TipRanks’ Stock Analysis page.