Blockmate adds one bitcoin to treasury

Executive Summary

• Blockmate Ventures Inc. expanded its Bitcoin treasury by acquiring one additional Bitcoin, bringing total holdings to three BTC, funded from existing cash reserves.
• The company provided operational updates on its mining subsidiary, Blockmate Mining, highlighting a secured 200-megawatt site in Wyoming and ongoing negotiations for power, infrastructure, and potential partners.
• Investee company Hivello reported significant progress in its DePIN aggregation platform, including a token listing on BingX, integration of 11 DePIN protocols, and strong community traction with over 5,000 beta nodes.

Key Details

• Bitcoin Treasury Acquisition:
  • Acquired 1 additional Bitcoin.
  • Total treasury holding is now 3 Bitcoin.
  • Acquisition financed from Blockmate's existing cash reserves.
  • Strategic rationale: Preserve value, manage risk, and provide flexibility to capitalize on profit opportunities as subsidiaries upscale.
• Blockmate Mining Updates:
  • Wyoming Site: Secured a site with 200-megawatt capacity suitable for AI or Bitcoin mining.
  • Negotiations: Discussions underway to secure low-cost power and infrastructure; discussions also ongoing with potential partners or acquirers for the site.
  • Additional Sites: Negotiations advancing for additional sites; operational updates to follow via TSX Venture Exchange.
  • Strategy: Proceeding with a "mine-and-hold" strategy to generate and accumulate Bitcoin.
• Hivello (Investee) Updates:
  • Token Listing: $HVLO token listed on BingX exchange in October 2025, enhancing global liquidity and fiat on-ramps via Banxa integration.
  • Protocol Integrations: Integrated 11 DePIN protocols, including:
    • Theta Network (August 2025) for video streaming rewards.
    • Spheron Network (September 2025), described as the world's largest community-powered data centre.
  • Tokenomics: Deflationary buy and burn executed; over 19 million $HVLO permanently removed from circulation in June and October 2025 using quarterly revenue.
  • Community Metrics:
    • Over 5,000 beta nodes active.
    • 195 million $HVLO staked.
    • Annual Percentage Yields (APY) up to 88% for staking $HVLO.
  • Market Context: DePIN sector has a $14-billion (U.S.) market cap with over 400 projects and 41 million active devices across 196 countries.

Notable Quotes

• Justin Rosenberg, CEO: "Blockmate Mining and Hivello have made excellent progress through 2025 with the Blockmate Mining team deep in discussions which could lead to the quick fire start-up of mining operations, a very exciting opportunity for Blockmate. Concurrently we are seeing more traction with Hivello as the platform expands its DePIN network which has created momentum in growing the user base as more people see the simplicity of utilizing the Hivello platform to earn passive income and rewards."
• Justin Rosenberg, CEO: "As these ventures grow and reach stages where rapidly upscaling can deliver beneficial outcomes for stakeholders, the bitcoin treasury provides flexibility to capitalize on profit opportunities while also providing Blockmate shareholders with direct exposure to digital asset capital growth."