Quantum Blockchain Launches BlocKeeper with Virtual Mining Model

Quantum Blockchain Technologies PLC (AIM:QBT) has announced its new venture, BlocKeeper, which targets Bitcoin treasury play via a 'virtual mining' model. According to CEO Francesco Gardin, QBT identified a more capital-efficient route to Bitcoin exposure by acquiring and monetizing hash power rather than investing in mining rigs and bearing heavy electricity costs.

The company aims to generate Bitcoin through this mining-related strategy and hold it in treasury. BlocKeeper's competitive positioning is expected to secure more favourable terms with hash power providers, described as a 'win-win situation' for both companies.

QBT has assembled an experienced management team spanning business incubation, treasury management, quantitative analysis, cybersecurity, and cryptography. The company is working towards Aquis admission, with presentation materials and documentation already drafted and investor meetings being arranged.