CBI and Blockware strengthen their 10-year strategic partnership

Crypto Blockchain Industries (CBI) and Blockware Solutions, a leading Bitcoin mining expert, have announced an extension to their 10-year strategic partnership. This agreement allows Blockware to increase its stake in CBI to 10% and support CBI's Bitcoin acquisition at a rate of one BTC per day, paid in CBI shares. Blockware will also have two seats on CBI's board of directors.

This partnership is part of CBI's ACE strategy, which aims to acquire cryptoassets at discounted prices, create virtual worlds, and generate recurring revenue. CBI shares will be valued based on the volume-weighted average price, with a 7.5% discount.