Global Care unit earns 2.19 BTC between May 19, July 16
2021-07-21 11:09 ET - News Release
Mr. Stephen Otter reports
GLOBAL CARE PORTFOLIO COMPANY, ASIC POWER COMPANY RECEIVES REVENUE FROM ITS FIRST ROYALTY STREAMING DEAL
Global Care Capital Inc. has provided an update for its 100-per-cent-owned portfolio company ASIC Power Company. Further to the press release dated April 8th, 2021, ASIC generated its first royalty streaming revenue for the period from May 19th until July 16th, 2021, receiving 2.19679213 Bitcoin ("BTC") equating to approximately CDN $90,000 with a current BTC price of $39,973.80 CAD per BTC as of July 18th, 2021. At the current price and mining level, the company currently expects to break even within less than a year. The coins will be liquidated to FIAT.
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