SPIRIT Blockchain begins treasury management in various digital assets.
October 1st 2018, Vancouver, British Columbia, Canada
In early October SPIRIT Blockchain began acquiring positions in the top 5 cryptocurrencies by market capitalization and is building a portfolio of stock exchange listed companies that operate in the Digital Asset ecosystem. The Company expects to expand into a more diversified portfolio in due course. SPIRIT Blockchain has changed its name to SPIRIT Blockchain Capital Inc., as it is closer aligned to the longer-term strategy of the Company. The strategy is to be a proxy for the ecosphere through three complimentary economic units: 1) Third party mining of Bitcoin, Ethereum and other coins in Canada and other secure and economically valuable jurisdictions. 2) Buy pre-IPO, IPO, coins and listed companies that operate in the Blockchain, Artificial Intelligence and Digital Asset sectors globally. 3) Licensing blockchain products and solutions, for example forensic and law enforcement transaction tracking, information and transaction data flow analysis and wallet credit scoring.