{"id":395168,"date":"2020-12-08T08:03:31","date_gmt":"2020-12-08T13:03:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395168"},"modified":"2020-12-08T08:03:31","modified_gmt":"2020-12-08T13:03:31","slug":"bigg-digital-assets-inc-purchases-additional-40-bitcoins-for-treasury-total-bitcoin-treasury-reaches-189-5-btc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bigg-digital-assets-inc-purchases-additional-40-bitcoins-for-treasury-total-bitcoin-treasury-reaches-189-5-btc\/","title":{"rendered":"BIGG Digital Assets Inc. Purchases Additional 40 Bitcoins for Treasury; Total Bitcoin Treasury Reaches ~189.5 BTC"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Dec.  08, 2020  (GLOBE NEWSWIRE) &#8212; <strong>BIGG Digital Assets Inc. (&#8220;BIGG&#8221; or the &#8220;Company&#8221;)(CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W)<\/strong>, owner of Netcoins (Netcoins.ca) (\u201cNetcoins\u201d), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (\u201cBIG\u201d), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that it has acquired 40 additional Bitcoins for long term treasury holding. BIGG purchased these Bitcoins for $24,854 CAD per BTC for a total of CAD $994,160.00.<\/p>\n<p align=\"justify\">This purchase, added to BIGG\u2019s existing Bitcoin holdings, brings the treasury to ~189.5 Bitcoin, valued at CAD ~$4.65 million (USD ~$3.63 million) as of 4pm PST December 7th, 2020. BIGG believes strongly in the future of Bitcoin, its store of value capability, and its future valuation potential.<\/p>\n<p align=\"justify\">BIGG CEO, Mark Binns, remarks, \u201c<em>BIGG (formerly BIG Blockchain Intelligence Group) started accumulating Bitcoin as far back as 2015. Bitcoin has appreciated substantially as an asset class over 1, 2, 5 and 10 years horizons, and we believe the potential for impactful price appreciation is stronger today than ever. Institutional involvement and buying, and mainstream adoption, will continue to drive the price of Bitcoin as supply remains capped. We believe our Bitcoin holdings can act as self financing, over time, as we continue to expand our core crypto trading and blockchain forensic software businesses.\u201d<\/em><\/p>\n<p align=\"justify\">\n        <strong>On behalf of the Board<\/strong>\n      <\/p>\n<p>Mark Binns<br \/>CEO<br \/>mark@biggdigitalassets.com<br \/>T:+1.844.515.2646<\/p>\n<p align=\"justify\">\n        <strong>About BIGG Digital Assets Inc. <\/strong>\n      <\/p>\n<p align=\"justify\">BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io).<\/p>\n<p align=\"justify\">Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified<sup>\u00ae<\/sup> software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.<\/p>\n<p align=\"justify\">Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUE<sup>TM<\/sup>, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified<sup>\u00ae<\/sup>, offers a \u201crisk score\u201d for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory\/compliance requirements.<\/p>\n<p align=\"justify\">For more information and to register to BIGG\u2019s mailing list, please visit our website at\u00a0<u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5fSVdgX87rv6bKSm1aGNT7NeUn3yRH7iyGCGjPlGRF5yTqGQzCTaY9DlQh3i7LVCphcp0pi5dN35PfYA5q9v3RnsQMcuF6qj0RM0wBGNu461a7g367g8arzjK19PBXpM\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.biggdigitalassets.com<\/a><\/u>. Or visit SEDAR at <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wN8sXwdeAOFWdqGk_OtJjfF9u7uIf49P5z5JPePylSwaJq2mfsnKuLH0LY8TPEdXoLNjkyDFWf_vsCe0SiTvtw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sedar.com<\/a><\/u>.<\/p>\n<p>\n        <strong>Forward-Looking Statements:<\/strong>\n      <\/p>\n<p align=\"justify\">Certain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as \u201cmay\u201d, \u201cexpect\u201d, \u201cestimate\u201d, \u201canticipate\u201d, \u201cintend\u201d, \u201cbelieve\u201d and \u201ccontinue\u201d or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG\u2019s expectations include, consumer sentiment towards BIGG\u2019s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.<\/p>\n<p align=\"justify\">The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>The CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.<\/em><br \/>\n        <\/strong>\n      <\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5ODI4NyMzODYwNjk3IzIxMDAwOTM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/fe320192-4694-4205-85d0-453fdbdc8037\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) &#8212; BIGG Digital Assets Inc. (&#8220;BIGG&#8221; or the &#8220;Company&#8221;)(CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (\u201cNetcoins\u201d), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (\u201cBIG\u201d), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that it has acquired 40 additional Bitcoins for long term treasury holding. BIGG purchased these Bitcoins for $24,854 CAD per BTC for a total of CAD $994,160.00. This purchase, added to BIGG\u2019s existing Bitcoin holdings, brings the treasury to ~189.5 Bitcoin, valued at CAD ~$4.65 million (USD ~$3.63 million) as of 4pm PST December &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bigg-digital-assets-inc-purchases-additional-40-bitcoins-for-treasury-total-bitcoin-treasury-reaches-189-5-btc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BIGG Digital Assets Inc. Purchases Additional 40 Bitcoins for Treasury; Total Bitcoin Treasury Reaches ~189.5 BTC&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395168","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BIGG Digital Assets Inc. Purchases Additional 40 Bitcoins for Treasury; Total Bitcoin Treasury Reaches ~189.5 BTC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bigg-digital-assets-inc-purchases-additional-40-bitcoins-for-treasury-total-bitcoin-treasury-reaches-189-5-btc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIGG Digital Assets Inc. Purchases Additional 40 Bitcoins for Treasury; Total Bitcoin Treasury Reaches ~189.5 BTC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) &#8212; BIGG Digital Assets Inc. (&#8220;BIGG&#8221; or the &#8220;Company&#8221;)(CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (\u201cNetcoins\u201d), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (\u201cBIG\u201d), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that it has acquired 40 additional Bitcoins for long term treasury holding. BIGG purchased these Bitcoins for $24,854 CAD per BTC for a total of CAD $994,160.00. This purchase, added to BIGG\u2019s existing Bitcoin holdings, brings the treasury to ~189.5 Bitcoin, valued at CAD ~$4.65 million (USD ~$3.63 million) as of 4pm PST December &hellip; Continue reading &quot;BIGG Digital Assets Inc. 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Purchases Additional 40 Bitcoins for Treasury; Total Bitcoin Treasury Reaches ~189.5 BTC - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/bigg-digital-assets-inc-purchases-additional-40-bitcoins-for-treasury-total-bitcoin-treasury-reaches-189-5-btc\/","og_locale":"en_US","og_type":"article","og_title":"BIGG Digital Assets Inc. Purchases Additional 40 Bitcoins for Treasury; Total Bitcoin Treasury Reaches ~189.5 BTC - Market Newsdesk","og_description":"VANCOUVER, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) &#8212; BIGG Digital Assets Inc. (&#8220;BIGG&#8221; or the &#8220;Company&#8221;)(CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (\u201cNetcoins\u201d), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (\u201cBIG\u201d), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that it has acquired 40 additional Bitcoins for long term treasury holding. BIGG purchased these Bitcoins for $24,854 CAD per BTC for a total of CAD $994,160.00. This purchase, added to BIGG\u2019s existing Bitcoin holdings, brings the treasury to ~189.5 Bitcoin, valued at CAD ~$4.65 million (USD ~$3.63 million) as of 4pm PST December &hellip; Continue reading \"BIGG Digital Assets Inc. 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