Bluesky Digital Assets Corp., Ethereum Mining Update

Toronto, Ontario--(Newsfile Corp. - August 9, 2021) - Bluesky Digital Assets Corp., (CSE: BTC), (CSE: BTC.PR.A), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today it has mined 390.1549 ETH in calendar 2021 up to August 8^th 2021.

"Bluesky" began mining Ethereum in February 2021 and has since markedly increased the company's focus on this virtual target on a continuing basis. Bitcoin has also remained a strong and ongoing mining focus and Bluesky has put into production newly acquired ASIC mining assets to ensure a diversified strategy of mining targets is maintained with a balanced approach.

Ben Gelfand, CEO stated: "We have always strategically positioned to maintain a differentiated approach in our mining efforts and with the acquisition and move to production of our new Pandaminers, we have reached a significant milestone in our overall mining efforts as we continue to deploy additional mixed mining assets with our signature staged approach for the growth of our business".

About Bluesky Digital Assets Corp.

Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to scale.

For more information please visit Bluesky at: https://www.blueskydigitalassets.com^[1]

For further information please contact:

Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp.T: (416) 363-3833 E: ben.gelfand@blueskydigitalassets.com^[2] 

Mr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E: frank.kordy@blueskydigitalassets.com^[3]

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92485^[4]

References

1. ^{^} https://www.blueskydigitalassets.com (www.newsfilecorp.com)
2. ^{^} ben.gelfand@blueskydigitalassets.com (www.newsfilecorp.com)
3. ^{^} frank.kordy@blueskydigitalassets.com (www.newsfilecorp.com)
4. ^{^} https://www.newsfilecorp.com/release/92485 (www.newsfilecorp.com)