CBI And Blockware Enter Strategic Bitcoin Mining Partnership With $10M Deployment Plan
By: bitcoin ethereum news|2025/05/15 05:00:16
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Paris, France, May 14th, 2025, Chainwire Blockware, on behalf of CBI, will deploy and manage next-generation Bitmain ASIC miners on the Bitcoin network. CBI will finance the first US$10 million tranche of the mining rig investment in stages, as the necessary funding is secured. Bitcoins mined by CBI enables the acquisition of Bitcoin at a cost below market price. Blockware to receive partial compensation in CBI shares and intends to reinvest a portion of its profits into additional CBI equity. The final ownership stake will be determined by the business’s performance over the coming years. Crypto Blockchain Industries (“CBI”), Euronext Growth Paris: FR0014007LW0 – ALCBI, and Blockware, a globally recognized expert in Bitcoin mining, have entered into an initial long-term partnership agreement to operate Bitmain ASIC miners (“ASICs”) on the Bitcoin network and acquire Bitcoin at a discount. Blockware will deploy and operate CBI’s next-generation Bitmain mining fleet. The first tranche of US$10 million worth of ASICs will be financed progressively by CBI as funding is arranged. In return, CBI will receive the rewards (BTC) generated through the mining activity, enabling the acquisition of Bitcoin below the market spot price. The partnership provides Blockware the opportunity to be partly compensated in CBI shares; its final ownership percentage will depend on the business’s development over the partnership. Blockware will be responsible for the deployment and management CBI’s next-generation Bitmain ASIC mining fleet. These mining rigs will process and confirm transactions on the Bitcoin network. The US$10 million first tranche of server investments will become operational progressively as CBI secures the required funding. The Bitcoins obtained will be deposited daily into a secure wallet managed and owned by CBI. This opportunity enables CBI to acquire Bitcoin at a discounted rate, made possible by the efficient operation of its mining fleet. Through this agreement and by leveraging Blockware’s expertise, CBI gains the opportunity to acquire Bitcoin at a discount and increase its crypto-asset portfolio. Bitcoin mining operations provide a form of compensation that, over time, results in Bitcoin acquisitions at prices lower than market spot rates. The discount level is determined at the end of each cycle—typically 3 years—and depends on operating costs (mainly electricity) and the number of transactions processed. Through this partnership, Blockware expands its megawatts under management, grows its ASIC marketplace, and diversifies its portfolio by leveraging this significant opportunity. The deal structure allows CBI to secure cost-efficient hosting and access to worldclass brokerage services via Blockware, resulting in a historically low all-in cost per Bitcoin. The partnership provides Blockware the opportunity to be partly compensated in CBI shares. Throughout the partnership Blockware will receive shares representing at minimum 0.5% of CBI’s capital. Furthermore, Blockware will receive a portion of its profits through CBI shares upon the resale of the ASICs. Blockware’s final ownership percentage in CBI will depend on the development of the business over the partnership. CBI has the option to gradually increase production capacity under predefined conditions. Blockware ensures that up to 3 years, through their extensive network and ASIC marketplace they will secure a resale value of at least 25%, although CBI is under no obligation to sell them. Blockware’s unique ASIC marketplace offers clients a simplified, premium platform to start mining Bitcoin in just a few clicks, eliminating many of the common barriers to entry. Through this strategic partnership, CBI strengthens its position in the crypto-asset space and implements a flexible, resilient, and long-term performance-oriented strategy. Disclaimer The realization of CBI’s projects, as well as their operating budget and financing plan, remain fundamentally subject to major uncertainties, and the failure to meet the underlying assumptions could have a significant and adverse impact on the value of CBI’s assets and liabilities. Furthermore, investing in crypto-assets carries risks due to their inherent volatility, which could affect CBI’s financial performance. CBI considers it important to remind readers that the past performance of crypto-assets is not indicative of future results. ABOUT CRYPTO BLOCKCHAIN INDUSTRIES SA CRYPTO BLOCKCHAIN INDUSTRIES (“CBI “) is a French company that develops, operates, and invests in video games, business applications, and selected projects related to blockchain, non-fungible tokens (“NFTs”), and cryptocurrencies. Founded by Frédéric Chesnais, a renowned gaming industry entrepreneur and blockchain pioneer, CBI aims to develop and unlock the value of a blockchain-based business portfolio across various industries (video games, finance, logistics, etc.) in order to capitalize on this technology, either directly or through partnerships. CBI has already made several investments and is currently launching AlphaVerse, a virtual world based on blockchain technology, or a metaverse. CBI shares are listed on compartment E2 (Public Offering) of the Euronext Growth Paris stock exchange. To learn more, users can visit http://www.cbicorp.io and www.alphaverse.com ABOUT BLOCKWARE SOLUTIONS, LLC BLOCKWARE SOLUTIONS , LLC is a leading Bitcoin mining infrastructure and services provider, evolving from a mining hardware brokerage to a comprehensive Mining-as-a-Service platform. With billions in hardware transactions and a trusted mining community, Blockware offers U.S.-based infrastructure that delivers premier hosting solutions, liquidity, and operational tools to optimize transparency, efficiency, and profitability. Their innovative Bitcoin-native Marketplace is transforming the way miners buy and sell hardware, hashrate, and energy contracts, providing just-in-time liquidity and driving the future of decentralized, transparent, and efficient mining. To learn more, users can visit http://www.blockwaresolutions.com CEO Frédéric CHESNAIS [email protected] Source: https://blockchainreporter.net/cbi-and-blockware-enter-strategic-bitcoin-mining-partnership-with-10m-deployment-plan/
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