C2 Blockchain Inc (CBLO)

[Slojab]

You left out the second sentence in that pr.

The company is planning to purchase over 100,000 ADA coins starting next week as part of this initiative, with a long-term goal of accumulating 1 million ADA coins.

And how do they expect to buy those coins with the cash they have on hand?

Cash and cash equivalents $20

[trader_ron]

$CBLO - C2 Blockchain Inc. Announces Strategic Investment in Cardano (ADA) C2 Blockchain Launches Cardano Investment with an Initial Purchase of 100,000 ADA Coins https://www.otcmarkets.com/stock/CBLO/news/story?e&id=3146064

[trader_ron]

$CBLO C2 Blockchain Inc. Adopts MicroStrategy-Style Investment Strategy with Ethereum, Reinvesting Mining Profits to Expand Reserves #blockchain #mining #AI #Bitcoin #investment
https://www.otcmarkets.com/stock/CBLO/news/story?e&id=3127425

[Slojab]

There's one very obvious flaw in this statement.

C2 Blockchain is taking a pioneering approach by focusing on Ethereum and reinvesting profits from its cryptocurrency mining operations to systematically grow its ETH reserves.

It has no profits to "reinvest". In fact, it has no revenue in order to create profits because they don't have any mining operations.

Also, gaining approval to raise money through a public offering is just that. Attracting investor's attention to participate in the offering is something else entirely.

[rstar]

https://feeds.issuerdirect.com/news-release.html?newsid=5136957431862687
February 5, 2025 8:00 AM
C2 Blockchain Inc. Adopts MicroStrategy-Style Investment Strategy with Ethereum, Reinvesting Mining Profits to Expand Reserves
MIAMI BEACH, FL / ACCESS Newswire / February 5, 2025 / C2 Blockchain Inc. (OTC PINK:CBLO), a forward thinking leader in the blockchain and cryptocurrency sector, has announced a long-term investment strategy to acquire and hold Ethereum (ETH) as a core corporate asset. Inspired by MicroStrategy's Bitcoin accumulation model, C2 Blockchain is taking a pioneering approach by focusing on Ethereum and reinvesting profits from its cryptocurrency mining operations to systematically grow its ETH reserves.

A Strategic Bet on Ethereum

Ethereum, the world's second-largest cryptocurrency by market capitalization, is widely regarded as the backbone of the decentralized economy. Its ecosystem powers smart contracts, decentralized finance (DeFi), non-fungible tokens (NFTs), and enterprise blockchain solutions.

"Ethereum represents more than just a digital asset-it is the foundation of Web3 and the next wave of technological innovation," said Levi Jacobson, CEO of C2 Blockchain Inc. "By accumulating ETH, we are not only diversifying our corporate treasury but also actively investing in the infrastructure of the decentralized future."

Unlike Bitcoin, which is largely seen as a store of value, Ethereum offers unique utility through its programmability, smart contract capabilities, and transition to a more energy-efficient proof-of-stake (PoS) consensus mechanism.

Reinvesting Mining Profits for Long-Term Growth

A key element of C2 Blockchain's strategy is the reinvestment of its cryptocurrency mining profits to purchase additional Ethereum. Rather than liquidating mined assets into fiat currency, the company will allocate a substantial portion of its mining proceeds to steadily expand its ETH holdings.

This reinvestment model ensures a self-sustaining treasury strategy, allowing the company to increase its Ethereum reserves without relying solely on corporate cash reserves or external financing.

"We believe in Ethereum's long-term value, and by reinvesting our mining revenue, we are building a compounding asset base that strengthens our financial position over time," Jacobson added.

Positioning Ethereum as a Corporate Treasury Asset

C2 Blockchain's move reflects the growing institutional interest in Ethereum. Leading financial firms, including Fidelity, JPMorgan, and BlackRock, have shown increasing confidence in Ethereum-based products, and the potential approval of spot Ethereum ETFs could further legitimize ETH as a corporate investment asset.

By adopting this long-term accumulation strategy, C2 Blockchain Inc. aims to set a precedent for other corporations looking to integrate Ethereum into their treasury management.

Looking Ahead

C2 Blockchain's strategy signals a significant shift in how businesses approach cryptocurrency investments. While Bitcoin has dominated corporate adoption in recent years, Ethereum's evolving ecosystem offers compelling reasons for companies to consider it as a strategic reserve asset.

"Our commitment is not just to hold Ethereum but to actively participate in its ecosystem. We see ETH as a cornerstone of the future economy and are excited to play a role in its growth," Jacobson concluded.

As C2 Blockchain Inc. continues to execute its Ethereum-first investment approach, the company is positioning itself at the forefront of corporate cryptocurrency adoption, potentially setting a new industry standard for blockchain-focused treasury management.

About C2 Blockchain Inc.

C2 Blockchain Inc. is a blockchain and cryptocurrency investment company focused on strategic digital asset accumulation, mining operations, and Web3 adoption. By leveraging innovative investment models, C2 Blockchain aims to drive institutional cryptocurrency adoption and build long-term value in the decentralized economy.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.

CONTACT:
C2 Blockchain Inc.
IR and Media Inquiries
Email: [e-mail]

SOURCE: C2 Blockchain Inc



View the original press release on ACCESS Newswire

[Patrick Bateman]

I saw somewhere that he's gonna employ for Microstrategy strategy here but with ETH. 

Still someone is trying to buy. Very illiquid tho 

[Slojab]

Q is out. More of the same. Nothing.

I don't know how Jacobson can say this.

"The results for the three months ended December 31, 2024 are not necessarily indicative of the results of operations for the full year."

[trader_ron]

OTC MARKETS: $CBLO -Merging Power with Possibilities, Fueling Success and Rapid Growth in Bitcoin Mining Operations
https://c2blockchain.com/

[splintered sunlight]

The only hope...

[Slojab]

Either way, it won't take long to find out.

[Patrick Bateman]

I'm guessing it's either someone trying to make it seem like there's interest or someone speculating about their news about bitcoin mining (the OTC is all about dreaming of a winning lotto ticket)

[Slojab]

Why anyone would buy this ticker is beyond my understanding. The filings that have been reported are certainly no reason for anyone to have interest here. Less than $600 is what propelled the stock above $.036 which itself, would have been a very small increase from yesterday's close of $.034.

.

[Patrick Bateman]

Not arguing with you but someone buying. Maybe just to appear interest?

[Slojab]

It's hard to fathom that this trades where it does. It's clearly a shell with no recorded revenue in it's 3 1/2 year history and as of last report, has no cash, instead relying on the CEO to provide the cash to keep it SEC reporting and to pay OTC Market its fees.

And Jacobson believes accredited investors are going to give him millions to see his plan through?

C2 Blockchain, Inc. has no material operations at this time but has a definitive business plan to become a bitcoin mining company. We plan to buy real estate in the state of Georgia and construct a warehouse for hosting a data center to include an undetermined certain number of application specific integrated circuit miners (“ASICs”). The number of ASIC’s we may purchase in the future will depend upon our future financial condition

At best, this should be trading around $.002 which would give it a MC of $500,000. The only good thing about this ticker is that it's already SEC reporting. Someone could take over the ticker at the current sp and maybe with a good management group and a good plan keep the sp where it is or even cause it to run. That's the only hope I see for shareholders here.

[splintered sunlight]

Thanks for the reply.

$.15, LMAO.

A penny won't even work.

Cancel the offering and sell the shell......

[Slojab]

No, it can't. But then, CBLO has never been a good thing. Even at $.01, it's way overpriced, with what would be a MC of $2.5M. It's a shell looking for someone to give them millions of dollars to enter an already saturated market with a CEO that has no experience in it.

Remember the 1/A of 2023? And the 5 subsequent amendments to it?

https://www.otcmarkets.com/filing/html?id=18058566&guid=VV0-kKqdzRHgh3h

No one bit on that offering. At $.15, why would anyone?

[splintered sunlight]

https://ih.advfn.com/stock-market/USOTC/c2-blockchain-pk-CBLO/stock-news/95331677/form-253g2

This can't be a good thing....

A penny?

[Slojab]

I doubt there is one. Look at the one-year chart. Today's spike isn't unusual. Take away the 10,000 share trade at .028, which is only $280 and it would go unnoticed.

[Patrick Bateman]

What's the good word here?

[Slojab]

It's no wonder. Have you read the latest Q filing?

https://www.otcmarkets.com/filing/html?id=17945233&guid=uRY-kqtMGqikdth

[ctsk8r]

No interest here with BTC hitting record highs...

[Slojab]

Going on 3 years and still Jacobson has yet to accomplish anything. A business plan is nothing.

Currently, we no longer believe we are deemed to be a blank check shell company, but rather a shell company as we have a bona fide business plan at this time. The Company’s business plan is to concentrate on cryptocurrency related investments and development opportunities including but not limited to cryptocurrency mining, primarily for Bitcoin, for our own account, investments in private and/or public entities, joint ventures and acquisitions of blockchain related companies. We have not commenced our planned principal operations.

C2 Blockchain, Inc. has no material operations at this time but has a definitive business plan to become a bitcoin mining company. We plan to buy real estate in the state of Georgia and construct a warehouse for hosting a data center to include an undetermined certain number of application specific integrated circuit miners (“ASICs”). The number of ASIC’s we may purchase in the future will depend upon our future financial condition.

[Slojab]

Jacobson is a comedian and this is his joke.

https://ih.advfn.com/stock-market/USOTC/c2-blockchain-pk-CBLO/stock-news/93150237/form-1-a-a-offering-statement-regulation-a-a

[splintered sunlight]

If only it was trading at $.73 per share.

$0.073 per share.......

[@religlobal]

📈 Welcome to the stock market update! 🚀 Today, we're diving into the exciting world of CBLO shares from C2 Blockchain Company.

📊 Market Snapshot:

Opening Price: $0.73 per share
No immediate fluctuations
Trading Volume: 2.1k
🌟 Opportunity Knocks:
Right now, it's prime time for savvy investors to seize the moment and invest in CBLO. 🦈 This stock is currently exhibiting signs of a right-wing upward trend, and you definitely don't want to miss out!

🚀 About C2 Blockchain:
C2 Blockchain is a leading crypto mining company, and as you're aware, the crypto industry is red-hot for investment. Over the past three months, CBLO has demonstrated remarkable growth, with a consistent and astounding increase of 135.48%. Today presents a golden opportunity to get in on the action.

📈📉 Stay tuned for more updates, and happy investing! 🤑💼

[Slojab]

You keep posting the same thing, complete with mistakes like the sp and the volume.

Give the board a reason to buy this ticker rather than just filling the post with emojis.

Here's another statement you might want to explain........

Over the past three months, CBLO has displayed impressive consistency with a remarkable increase of 135.48%

What's the increase you're talking about?

Are you even a real person or just a bot?

[@religlobal]

Investors, 📈 are you ready for an exciting opportunity in the stock market? 🚀 CBLO, the share of C2 Blockchain, is on the rise, and it's a prime time to consider this investment. As of today's opening , CBLO is priced at $0.73 per share, with a steady trading volume of 2.1k.
Why should you be excited about CBLO? C2 Blockchain is a company deeply involved in the thriving crypto mining industry, one of the hottest sectors for investment these days. Over the past three months, CBLO has displayed impressive consistency with a remarkable increase of 135.48%.
Don't miss out on this opportunity to invest in a share that has been on an upward trajectory. 📈 Join the wave of investors who see the potential in CBLO and seize the chance to be a part of its promising journey. 💰 Invest in CBLO today! 🚀

(Disclaimer: Investing involves risk. Research thoroughly before making decisions.)

[Slojab]

You really don't have a clue of what you're babbling about, do you?

[@religlobal]

📈 Get ready to ride the stock market wave with CBLO shares from C2 Blockchain! 🚀

CBLO shares are currently trading at an enticing $0.73 per share, making them an accessible choice for investors of all levels. With a substantial trading volume of 2.1k since the start of the day, CBLO is gaining attention from traders.

The real beauty of CBLO lies in its stable position and consistent upward momentum over the past few months. 📈 This trend indicates a bright future for investors.

C2 Blockchain, the company behind CBLO, is a trailblazer in the world of crypto mining – a cutting-edge and rapidly evolving industry. 💰

Now is your golden chance to join the league of forward-thinking investors who foresee incredible profit potential with C2 Blockchain. Don't let this opportunity slip through your fingers! 🌟

Invest in CBLO shares today, and you'll become an integral part of C2 Blockchain's promising journey towards financial success. 💎💼🌐 Don't miss out on your chance to be a part of this thrilling adventure!

[@religlobal]

🚀 Don't miss the opportunity of a lifetime with CBLO shares from C2 Blockchain! 🌟

CBLO shares are currently trading at a remarkable value of just $0.73 per share, making it an affordable yet lucrative option for investors. The trading volume of 2.1k since the start of the trading day is a testament to its popularity.

What sets CBLO apart is its remarkable stability and consistent upward growth over the past few months, symbolizing its bright future. 📈

C2 Blockchain is at the forefront of the rapidly evolving crypto mining industry, poised for unprecedented success. 💰

Join the league of visionary investors who recognize the boundless potential of C2 Blockchain. This is your golden opportunity to be part of a company expected to surge in profits as the crypto sector continues its explosive expansion. 🔥

Invest in CBLO shares now and secure your place in the radiant future of C2 Blockchain! 💎💼🌐

[Slojab]

The 10-K is an interesting read.

Levi's living in LA LA Land.

We are seeking up to a maximum of $60,000,000 in funding from our pending Regulation A Offering to jumpstart our cryptocurrency mining operation including the purchase of ASIC computers, land, and construction of a warehouse to host our mining operation. The following plan for the next 12 months assumes that we receive $60,000,000. As mentioned, we believe a minimum of $200,000 is needed to commence material operations, albeit on a smaller scale than what may be proposed below. There is a possibility that we do not obtain the necessary funding to carry out our business plan. If this is to occur we may need to reconsider the feasibility of our business plan, or reconsider how we allocate funds available to us.

[splintered sunlight]

To booooooooooooooot.

[Slojab]

There's a little hanky-panky going on here today.🤨

09/06/2023 13:55:38 EDT 0.073 100
09/06/2023 11:53:38 EDT 0.033 9700
09/06/2023 10:35:38 EDT 0.073 9700

And a 100 share trade MM signal to boot! 😂

[splintered sunlight]

I know.

[Slojab]

You could drive a semi through that B/A.

[splintered sunlight]

Not so good.....

[Slojab]

It was thought that they would be looking for a merger candidate but now it seems they'll be looking to create a company from scratch.

C2 Blockchain Inc. (“C2”) will be actively engaged in the mining of digital currencies. This will consist of purchasing inventories of computers – equipped with high-powered processing systems (CPUs and GPUs) – that will allow the business to generate income by processing transactions on block chain ledgers. Unlike the trading business, the Company will be able to generate ongoing profits by providing this service. A substantial portion of the capital sought in this raising will be used for the acquisition of mining computers and facility arrangements that can allow the business to cost-effectively engage in the mining of digital currencies.

[Hanibal]

OTCM profile verified yesterday 7/7

Not in just watching what develops

[Welcome2Pinkyland]

As far as trading pinkies -i hope for the best and except the worst. Always on the bright side- the most I can lose is only 100%

[Welcome2Pinkyland]

I don't expect pinky shells to have cash and assets

[Slojab]

expectations are high from the intellectually dishonest.

Truer words have never been spoken. My expectations for this ticker has always been low. Very low.

[splintered sunlight]

I hear you - if they crush it, I'll buy some.

I own a little - can't remember why I bought it.....

[Welcome2Pinkyland]

a shell with cash and assets is super shell. expectations are high from the intellectually dishonest.

[Welcome2Pinkyland]

it's a shell. if something good is put into it will be worth more than if something that is not good gets put into. it's not rocket science. just pinky shell trading. $CBLO

[Slojab]

I fail to understand the rationale of anyone taking part in this offering, as I fail to see what it's offering. Is it faith in Jacobson's business acumen? Judging by what can be found about him on the internet, I doubt it.

https://www.marketscreener.com/business-leaders/Levi-Jacobson-0HB4TQ-E/biography/

Shareholders haven't fared too well with his other ticker since he took it over in 2020.

https://www.marketscreener.com/business-leaders/Levi-Jacobson-0HB4TQ-E/biography/

Sound familiar? A failed offering.

https://www.sec.gov/litigation/admin/2023/33-11193.pdf

Then, there's ELEK. But his stint there was over in a flash.

[splintered sunlight]

Apparently not....

There's only been about 75,000 shares traded in all of 2023....

[Slojab]

Yes, that's the official offering. However, .......

Offering price per share We will sell the shares at a final fixed price per share to be determined at time of qualification or in a final or supplemental offering circular supplement at the time of sale of our common stock between the price range of $.001 and $.30 per share.

I doubt there'll be much interest in the offering at nearly three time the current sp.

Again, for a shell with no assets or cash, looking for a business for Jakobson to run.

https://www.otcmarkets.com/filing/html?id=16772123&guid=GmD-kaZlBdIkdth

[jabrock1]

FYI the offering was at .15

[Slojab]

Who are the few?

could end up good or bad. only a few know the future, with a larger # thinking they do

[Welcome2Pinkyland]

$CBLO is a shell. Large, restricted share count. 21m unrestricted. 11m float. like any shell, it's always about the business taking over the shell. could end up good or bad. only a few know the future, with a larger # thinking they do.