Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Bluesky Digital Assets Corp (BTCWF) Message Board

$BTCWF $BTC.CN Bluesky Digital Assets Corp., Relea

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 41
(Total Views: 215)
Posted On: 08/31/2021 10:29:53 AM
Avatar
Posted By: louied91
$BTCWF $BTC.CN Bluesky Digital Assets Corp., Releases Its Q2, 2021 Financial Results


https://www.newsfilecorp.com/release/95024

Toronto, Ontario--(Newsfile Corp. - August 31, 2021) - Bluesky Digital Assets Corp., (CSE: BTC), (CSE: BTC.PR.A), (OTCQB: BTCWF), ("Bluesky" or the "Corporation" released today a summary of its Unaudited Q2, 2021 Interim Financial Statements for the three and six months ended June 30, 2021. Key highlights include:

- Total Gross Revenues from the Corporation's Digital Assets Mining operations increased to $851,813 CDN in Q2, 2021 from $182,500 CDN in Q1, 2020 representing a significant increase of 366% over Q2, 2020's total.

- Total Gross Revenues from the Corporation's Digital Assets Mining operations increased to $851,813 CDN in Q2, 2021 from $710,312 CDN in Q1, 2020 representing an increase of 20% over Q1, 2021's total.

- Total Gross Revenues from the Corporation's Digital Assets Mining operations increased to $1,562,125 CDN for the six months ended June 30, 2021 from $284,111 CDN for the six months ended June 30, 2020 representing a significant increase of 450% over Q2, 2020's total.

- Total Gross Revenue from the Corporation's Digital Assets Mining operations amounted to $665,533 CDN for all of fiscal 2020 representing a previous 2020 monthly average of $55,369 CDN per month in Gross Revenue being generated from the Corporation's Digital Assets Mining operations. The current monthly Gross Revenue generated from the Corporation's Digital Assets Mining operations average was $260,354 CDN per month for the first six months of 2021, representing a significant monthly average increase of 370%.

- Total available cash increased to $1,734,215 CDN in Q2, 2021 from $455,610 CDN in Q2, 2020 representing an increase of 280%.

- As of June 30, 2021 the Corporation held $309,659 CDN in unsold digital currencies vs. $Nil at the same point in fiscal 2020.

- The Corporation's Digital Mining operations had a profit of $267,881 CDN for the quarter after subtracting $583,932 CDN in Digital Asset Mining operating costs. The Digital Asset Mining operating costs include depreciation on equipment, electrical & bandwidth costs.

To view the Corporation's Q2, 2021 Interim Financial Statements and the accompanying Management Discussion and Analysis please visits the Corporation's SEDAR profile page by visiting www.sedar.com

Ben Gelfand, CEO stated: "In Q2 the Corporation achieved a 20% increase in Gross Revenue over Q1 totals despite the volatility and decrease in the valuation of crypto currencies that occurred in May and in June of this year. With the stabilization and increases in the values of both Ether and Bitcoin and steady deployment of new mining assets Management, reasonably based on the current trend, expects that the Gross Revenues in Q3 will supersede Q2's totals. For the second half of fiscal 2021, the Management team will continue expansion efforts for the Corporation's Digital Assets Mining operations as well as continuing business diversification efforts with our ongoing research and development."


(0)
(0)




Bluesky Digital Assets Corp (BTCWF) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us