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Bluesky Digital Assets Settles Debt with Equity

Bluesky Digital Assets Settles Debt with Equity

Bluesky Digital Assets Corp. (TSE:BTC) has released an update.

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Bluesky Digital Assets Corp. has announced the settlement of $150,000 CAD in debt through the issuance of 5,000,000 common shares, priced at $0.03 CAD each, to improve cash flow and invest in artificial intelligence initiatives. The shares issued for debt will not lead to a change of control in the company. Bluesky specializes in AI, Blockchain, and Web3 business solutions, with a focus on helping businesses integrate these technologies through their BlueskyINTEL platform.

For further insights into TSE:BTC stock, check out TipRanks’ Stock Analysis page.

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