Bluesky Digital Assets Corp. (CSE: BTC) (OTCQB: BTCWF) has secured a significant financial boost with the closure of a $750,000 CAD unsecured revolving credit facility from a syndicate of three private lenders. This facility, with an 8% annual interest rate, will provide the company with much-needed liquidity to support its working capital requirements and fuel its AI research and development initiatives, as well as the advancement of its BlueskyINTEL platform.
The company has also entered into business development agreements with consultants, agreeing to issue 7,500,000 Common Shares as compensation. These consultants will assist Bluesky in sourcing acquisition targets to further advance its AI business model. This strategic move will not result in a change of control of the corporation, ensuring that the company remains focused on its long-term goals.
Bluesky Digital Assets Corp. has positioned itself at the intersection of Artificial Intelligence, Blockchain, and Web3 business solutions. By leveraging its success as an early adopter of proprietary technology solutions, Bluesky has invested in its Roadmap and created a high-value digital enterprise. Its platform, BlueskyINTEL, is well-positioned to capitalize on the current exponential growth of AI and Blockchain-based technologies through a tightly focused, collaborative platform that supports and enables businesses to adopt and utilize these emerging and developing technologies.
With this new credit facility, Bluesky Digital Assets Corp. is well-equipped to navigate the challenges and opportunities that lie ahead in the rapidly evolving AI and Blockchain landscapes. By investing in its AI endeavors and the BlueskyINTEL platform, the company is poised to drive growth and create value for its shareholders.
In conclusion, Bluesky Digital Assets Corp.'s securing of the $750,000 CAD credit facility is a testament to the company's commitment to driving innovation and growth in the AI and Blockchain spaces. With this newfound liquidity, Bluesky is well-positioned to execute on its strategic objectives and deliver value to its shareholders. As an investor, keeping an eye on Bluesky Digital Assets Corp. and its progress in the AI and Blockchain sectors could prove to be a lucrative opportunity.
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