Bluesky Digital Assets Expands ChessGold Platform with Apple Store Launch

Bluesky Digital Assets ( (TSE:BTC) ) has issued an announcement.

Bluesky Digital Assets Corp. announced that ChessGold, a platform for chess enthusiasts, is now available on the Apple App Store with Apple Pay integration, enhancing global accessibility and convenience for iOS users. The platform, which offers flexible payment options and is also available in a Lite version on the Play Store, has seen significant user engagement and infrastructure upgrades. ChessGold’s community is rapidly growing, making it a leading platform for chess players worldwide.

Spark’s Take on TSE:BTC Stock

According to Spark, TipRanks’ AI Analyst, TSE:BTC is a Underperform.

Bluesky Digital Assets is currently facing severe financial challenges, with declining revenues and persistent losses. The technical analysis indicates a bearish trend, with the stock trading below key moving averages and nearing oversold conditions. Valuation metrics further highlight the company’s struggle with profitability, as reflected in the negative P/E ratio. These factors collectively contribute to a low overall stock score.

To see Spark’s full report on TSE:BTC stock, click here.

More about Bluesky Digital Assets

Bluesky Digital Assets Corp. is a digital enterprise operating at the intersection of Artificial Intelligence, Blockchain, and Web3 business solutions. The company provides proprietary technology solutions and has invested in its roadmap to leverage the growth of AI and Blockchain technologies through its collaborative platform, BlueskyINTEL. Additionally, Bluesky has entered into a secured loan agreement to support ChessGold, a platform for chess enthusiasts.

Average Trading Volume: 78,755

Technical Sentiment Signal: Sell

Current Market Cap: C$5.92M

Learn more about BTC stock on TipRanks’ Stock Analysis page.