Blockmate launches Bitcoin treasury as it ramps up Bitcoin mining capacity

Blockmate Ventures Inc chairman Domenic Carosa talked with Proactive's Stephen Gunnion about the company’s strategic expansion into Bitcoin mining and treasury management. Carosa explained that Blockmate will be able to mine Bitcoin at roughly a 40% discount to the current spot price once fully operational, significantly boosting commercial viability. “It makes a lot of commercial sense for us… to actually mine it, because we can mine it at a price that it's got a very material discount to the current spot price,” he said. He noted that the newly launched Bitcoin treasury division complements Blockmate’s existing “mine and hold” model, allowing the company to build a strategic reserve of Bitcoin while leveraging its mining capabilities. Carosa also outlined the company’s capital strategy, referencing the earlier launch of subsidiary Hivello, where funds were raised without diluting Blockmate shareholders. A similar structure is planned for the Bitcoin mining operations. The company has secured a 200-megawatt facility in Wyoming with access to low-cost power at 3.3 cents per kWh. At full capacity, Blockmate could mine approximately 200 Bitcoins per month—translating into over $20 million in monthly revenue. Future milestones include joint ventures for the mining facility and potential infrastructure expansion into AI. For more interviews, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe, and turn on notifications for updates. #BitcoinMining #BlockmateVentures #CryptoStrategy #BitcoinTreasury #MiningAtScale #CryptoInvestment #DigitalAssets #Hivello #BTCYield #WyomingCrypto #JointVentures #LowCostMining #BlockchainTechnology