CBI and Blockware sign ten-year partnership to mine bitcoins

Crypto Blockchain Industries (CBI), listed on Euronext Growth Paris, is partnering with Blockware, a global Bitcoin mining expert, for a ten-year collaboration. This partnership will allow Blockware to manage Bitmain ASIC miners on behalf of CBI on the Bitcoin network.

CBI will initially invest $10 million in tranches for this equipment. The mined Bitcoins will revert to CBI, offering the opportunity to acquire this cryptocurrency at a below-market cost. Blockware will receive partial compensation in CBI stock and plans to reinvest a portion of its profits in new CBI stock.

This strategic partnership provides CBI with a strengthened position in the crypto-asset sector and Blockware with opportunities for diversification and expansion.