REG - Bluebird Mining Vnt. - Bitcoin Mining Machines

Bluebird Mining VenturesAnnouncement

12/06/2025 07:00

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RNS Number : 5572M  Bluebird Mining Ventures Limited  12 June 2025

Bluebird Mining Ventures Ltd / EPIC: BMV.L / Market: FTSE / Sector: Mining

 

12 June 2025

 

Bluebird Mining Ventures Ltd

('Bluebird' or 'the Company')

 

Bitcoin Mining Machines

 

Bluebird Mining Ventures Ltd., a pan Asian gold project development company,
is pleased to announce that further to the announcement on 9 June 2025 that a
non-binding Heads of Terms regarding the acquisition of 756 ASIC units,
comprising a mix of Bitmain and Canaan models.

 

If successfully concluded, the Company would pay a consideration of £200,000
in equity to be issued at a future date.  The total hashrate (TH) of the
machines is 63,686.  Hashrate is a measure of the total computational power
of all the nodes expressed in units of hash calculations per second.

 

Furthermore, if successfully concluded, the Company would also enter into an
advisory agreement with a view to identify and arrange suitable hosting
facilities and provide support with Engineering, Procurement and Construction
(EPC) set up and energy and cost optimisation modelling.

 

Whilst the Company is optimistic that a binding agreement will follow in due
course there can be no guarantee of such.

 

Bluebird Executive Director and Interim CEO Aidan Bishop said, "The execution
of a non-binding Heads of Terms is a positive step forward that provides the
Company with a potential fast-track pathway to launch a profitable bitcoin
mining venture.  I look forward to providing further updates in due course."

 

 

**ENDS**

 

For further information please visit https://bluebirdmv.com or contact:

Jonathan Morley-Kirk    Bluebird Mining Ventures Ltd     Email:
jmk@bluebirdmv.com (mailto:colin@bluebirdmv.com)

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