VANCOUVER, BC, CANADA (March 18th, 2021) – Codebase Ventures Inc. ("Codebase" or the "Company") (CSE: CODE - FSE: C5B – OTCQB: BKLLF) is pleased to provide an update on the current bitcoin ecosystem and the Company’s bitcoin mining infrastructure.
With Bitcoin establishing new support levels fueled by institutional investors and individuals alike, Morgan Stanley became the first big U.S. bank to offer clients access to bitcoin funds on March 17th.1 “The level of acceptance indicated by this first big U.S. bank to enable ownership of Bitcoin broadens the opportunities and applications for cryptocurrencies, aligning with Code’s efforts in establishing Bitcoin mining infrastructure for the long-term,” said Mr. George Tsafalas, Codebase CEO.
As the Bitcoin and cryptocurrency markets continue to show increasing strength, Codebase is excited to announce that their Bitcoin mining machines are currently being prepped for immediate release to their hosting facility in upstate New York. This first tranche of 115 state of the art Canaan A1246 miners are to be delivered and operational in the coming weeks.
The Company also announced that it has engaged Proactive Investors for $52,500 to provide investor awareness services annually.