REG - Bluebird Mining Vnt. - Agreement for Texas bitcoin project

Bluebird Mining VenturesAnnouncement

23/04/2026 07:00

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RNS Number : 5591B  Bluebird Mining Ventures Ltd  23 April 2026

23 April 2026

Bluebird Mining Ventures Ltd

 

("BMV" or the "Company")

Agreement for Texas bitcoin project

 

Project expected to deliver first ever revenues for BMV

 

Bluebird Mining Ventures Ltd (LSE: BMV), the gold streaming and treasury
company, is pleased to announce that it has entered into an agreement with
Digital Carpenters, the data centre services and solutions provider, to invest
in a 4.8MW bitcoin mining project located in Texas, USA (the "Texas Project").

 

Highlights:

·    Completed initial investment into 4.8MW bitcoin mining project,
establishing the commercial framework, with a planned total investment of
c.US$2.3m over three years

·    Structured to provide contracted and stable cash flows on a daily
basis

·    Expected to deliver the Company's first revenues in the coming weeks

 

Under the terms of the agreement, the initial investment has been completed
and BMV has the option to invest approximately US$2.3m over a three-year
period in the Texas Project. The Texas Project provides exposure to
bitcoin-linked cash flows through a structured and contracted framework and is
designed to generate consistent revenues from mining operations supported by
established infrastructure.

 

The investment demonstrates the speed at which BMV can deploy capital and
generate cash flows and returns. The Company intends that such cash flows will
be recycled within its treasury operations to generate additional yield.

 

The Texas Project represents the first execution of the Company's strategy to
build a portfolio of gold and bitcoin-linked cash flow opportunities through
contracted exposure. The Board believes this approach offers rapid deployment
of capital into yielding assets, predictable near-term revenue generation,
exposure to Bitcoin, and the ability to reinvest cash flows for further
returns.

 

Digital Carpenters provides end-to-end mining operations to help its partners
grow their Bitcoin enterprises, delivering full-spectrum data centre
operations from site feasibility and design to procurement, commissioning, and
daily operations.

 

Capital from the fundraise announced on 15 April 2026 which is not deployed
into the Texas Project is expected to be held in treasury as bitcoin or tether
gold and then deployed into yield generating strategies in due course.

 

Sath Ganesarajah, Chief Executive Officer of BMV, said: "The agreement with
Digital Carpenters is a landmark moment for BMV as we transition into a
revenue generating business. It demonstrates both the strength of our pipeline
and our ability to rapidly deploy capital into structured, near-term cash
yielding opportunities. We believe this strategy positions BMV to deliver
scalable and repeatable returns for shareholders."

 

 

For further information, please contact:

 

 Bluebird Mining Ventures Ltd
 Sath Ganesarajah, Chief Executive Officer  c/o +44 (0)20 4582 3500

 Gracechurch Group
 Harry Chathli, Alexis Gore, Anysia Virdi   +44 (0)20 4582 3500

 

About Bluebird Mining Ventures Ltd

Bluebird Mining Ventures (LSE: BMV) is a gold streaming, mining and treasury
company. The Company's mission is to build and manage a gold-backed treasury
through streaming agreements, providing investors with exposure to physical
gold without the operational risk of mining.

 

BMV focuses on streams from producing assets within the ore concentrate to
bullion value chain. Its investments secure multi-year flows of gold that can
be recycled into new transactions. This model enables scalable exposure to
gold without capital expenditure, or execution risks.

 

Drawing on its heritage in gold, BMV combines the stability of physical
bullion with the benefits of a scalable, disciplined business model. With a
focus on prudent capital allocation and treasury management, BMV aims to
deliver sustainable, long-term value for shareholders.

 

For more information, please visit: www.bmvbtc.com

 

About Digital Carpenters

Digital Carpenters operates the most power-dense data centre in the world. We
specialize in designing and developing custom immersion cooling applications
to meet the needs of your data centre, bitcoin mine or other high-powered
computing application. We are currently focused on bringing these same
technologies to disrupt the energy sector with a focus on methane recapture
and self power generation for data centres.

 

 

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