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The latest announcement is out from Bluesky Digital Assets ( (TSE:BTC) ).
Bluesky Digital Assets Corp. has secured a $750,000 CAD unsecured revolving credit facility from a group of private lenders, at an 8% annual interest rate, to support its working capital needs and advance its AI and BlueskyINTEL platform development. Additionally, Bluesky is issuing 7,500,000 Common Shares to consultants tasked with identifying acquisition targets to bolster its AI business model, indicating a strategic push towards growth and market expansion.
More about Bluesky Digital Assets
Bluesky Digital Assets Corp. operates at the intersection of Artificial Intelligence, Blockchain, and Web3 business solutions, offering proprietary technology solutions through its platform, BlueskyINTEL. The company focuses on enabling businesses to adopt emerging technologies effectively.
YTD Price Performance: -22.22%
Average Trading Volume: 1,449,127
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$19.51M
Learn more about BTC stock on TipRanks’ Stock Analysis page.