REG - Bluebird Mining Vnt. - BTC Equipment Transaction Update

Bluebird Mining VenturesAnnouncement

Mon 07:00

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RNS Number : 8993Q  Bluebird Mining Ventures Limited  14 July 2025

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

 

14 July 2025

 

Bluebird Mining Ventures Ltd

('Bluebird' or 'the Company')

 

BTC Equipment Transaction Update

 

Bluebird Mining Ventures Ltd., a pan Asian gold project development company,
is pleased to announce further to the announcement on the 12 June 2025, the
completion of a transaction to acquire 756 ASIC bitcoin mining units,
comprising a mix of Bitmain and Canaan models with a combined total hashrate
of approximately 63.7 PH/s.

 

The units are currently the subject of advanced discussions to be on-sold
under a streaming arrangement in exchange for a share of future bitcoin
production. If concluded, this would mark the Company's first "Streaming
Bitcoin" transaction - applying structured commercial models to gain exposure
to bitcoin economics while preserving balance sheet efficiency. Over a
three-year period, the transaction could generate more than 30 bitcoins for
the Company, depending on network conditions and final streaming terms.  It
is expected that the Company will incur no further costs relating to the
anticipated streaming transaction.

 

This mirrors the structure of Bluebird's recently announced Philippine gold
project, where the Company secured a 10% profit share over the life of the
mine, alongside milestone bonus payments of USD 250,000 for every 5,000 oz of
gold sold above $3,000/oz.

 

Both transactions reflect the Company's evolving treasury strategy - focused
on building long-term asymmetric exposures to gold and bitcoin, through
structured streams as well as direct holdings. A broader update on this
strategy, including additional initiatives, will be provided in the coming
weeks.

 

Bluebird Non-Executive Chairman Sath Ganesarajah commented:

 

"This is a small but symbolic step in our roadmap. We're building a portfolio
of long-dated, asymmetric exposures across gold and bitcoin. This latest move
aligns with our strategy to generate returns through disciplined structuring
and intelligent asset positioning.  Once concluded this streaming contract
would result in a substantial return on capital.  Furthermore, I look forward
to providing updates prior to the end of the month as we move towards the
execution of a definitive agreement relating to the £2m funding facility that
was announced on 25 June 2025 with £1m being made available to purchase
Bitcoin as well as the appointment of a new CEO."

 

 

**ENDS**

 

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

Sath Ganesarajah            Bluebird Mining Ventures Ltd
Email: one@bmvbtc.com (mailto:one@bmvbtc.com) (new website under development)

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