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Bluesky Digital Assets Signs LOI to Acquire ChessGold; Shares up 12%
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Bluesky Digital Assets Signs LOI to Acquire ChessGold; Shares up 12%
Jul 30, 2025 10:40 AM

01:24 PM EDT, 07/30/2025 (MT Newswires) -- Bluesky Digital Assets ( BTCWF ) on Wednesday said it signed a non-binding letter of intent dated July 29 to acquire ChessGold, an online digital game developer.

Bluesky was granted a 120-day exclusive due diligence period to review the business and assets of ChessGold. Upon the completion of the due diligence period, Bluesky Digital Assets ( BTCWF ) may acquire 100% of ChessGold's outstanding equity and equity equivalents or all of ChessGold's business.

"The potential deal structure and terms of any proposed Transaction will be determined at a later date and will be negotiated between the Corporation and ChessGold based on the findings and other considerations of the successful completion of the 120-day due diligence period," said Bluesky Digital Assets ( BTCWF ).

The company's shares were last seen up $0.015 to $0.135 on the Canadian Securities Exchange.

Price: 0.14, Change: +0.02, Percent Change: +12.50

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