Total gross revenue from the Company’s virtual asset mining activities increased to C$182,500 at the time of the 2020 quarter from C$14464 at the time of the 2019 quarter, an increase of 1161%.
Total gross revenue from the Company’s virtual asset extraction activities increased to C$182,500 at the time of the 2020 quarter from C$101611 in the first quarter of 2020, an increase of 80% quarter-by-quarter.
The total gross income from the Company’s virtual asset extraction activities was C$94450 for the entire year of 2019, representing a monthly average of C$7870 consistent with the monthly gross income from the Company’s virtual asset extraction activities.The mining income of the Company’s virtual assets averaged C$47351 consistent with the month for the first six months of 2020, representing an average consistent with the monthly accumulation of 501% during 2019 consistent with the monthly average of C$7870 consistent with the month.
Digital Asset Mining’s expenses were C$176,740 in the second quarter.
Total losses to -191476 in the second quarter of 2020, 48% less than $371735 in the first quarter of 2020.
The fully diluted BPA remained at -0.01 by the time of the 2020 quarter at -0.01 at the time of the 2019 quarter.
Ben Gelfand, CEO and director, said: “The control of the company has returned once very satisfied with the progress that has been made at the time of the 2020 quarter and with what has been achieved so far in 2020. The third quarter of 2019 to reposition, restructure and reconcentrate the Company’s number one concentrate in the generation that is temporarily paying off. Furthermore, despite the Bitcoin halving that occurred on May 11 this year and despite the unprecedented slowdown in the global economy due to COVID-19, we continue to see an immediate build-up in our monthly gross earnings and our expenses continue to decline. Officially, this quarter, we exceeded the gross profit totals for the second quarter of 2019 with our virtual asset mining division, which justifies our abandonment of our old business style and the competitive expansion that we have undertaken. to enter this line of business. We continue to advance in the expansion and immediate improvement of the virtual society as defined by the mining operations. We recently announced our Stablecoin studies and progression initiative and the launch of our subsidiary “DeFi”. The Company is also forming a partnership with Brane Inc., a leading Ottawa-based virtual asset custodian. Brane will provide an end-to-end on-call service to the Company and either corporation will seek to locate synergies between their shared offerings and long-term opportunities. “
About Bluesky Digital Assets Corp.
www.blueskyvirtualassets.com “data-reactid” 33″- Bluesky Digital Assets Corp., is building a high-priced virtual currency business.Bluesky operates virtual currencies, such as Bitcoin and Ether, and develops aggregate price generation for the virtual currency market, such as proprietary virtual mining software.By offering a complete pricing ecosystem, Bluesky aims to reinvest an adequate portion of its virtual currency operating profits into its operations.A percentage of the profits will be invested in the progression of artificial intelligence technology (“AI”).In general, Bluesky adopts a technique that allows society to adapt to conversion situations and respond to conversion situations within the still-emerging virtual currency industry.The company is in the process of capturing the price in successive phases.The industry continues to grow For more information, visit www.blueskyvirtualassets.com
For information, contact:
[email protected] Frank Kordy Secretary and Director Bluesky Digital Assets Corp.T: (647) 466-4037E: [email protected] “data-reactid” 35″- Mr. Ben Gelfand Ceo and Director Bluesky Digital Corp.T: (416) 363-3833E: [email protected] M.Frank KordySecret and DirectorBluesky Digital Assets Corp.T: (647) 466-4037E: [email protected]
Forward-looking statements
The data contained in this press release may involve forward-looking statements under applicable securities laws.The forward-looking statements contained herein are expressly qualified in their entirety through this statement of warning.The forward-looking statements contained herein are made on the date of this document and the Company waives any legal purpose or duty to update or revise any forward-looking statements, whether as a result of new data, long-term occasions or otherwise..except as expressly required by applicable securities law.Although the review believes that the expectations represented in those forward-looking statements are reasonable, there can be no guarantee that those expectations will prove to be correct.This press release does not constitute an offer to sell or request an offer to purchase any of the securities described herein and, therefore, you do not unduly rely on such securities.Neither CSE nor its Regulatory Service Provider (as explained in CSE’s policies accepts the duty of adequacy or accuracy of this version.We’re looking for the Safe Harbor.
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