BlockQuarry (OTC: BLQC), a Texas-based company with commercial-stage operations in the energy and infrastructure industry focusing on cryptocurrency hosting and self-mining with a focus on Bitcoin, is reporting on its operational and growth strategy for the second quarter 2023. The information was included in shareholder information provided by BlockQuarry management. According to the report, in the next few months the company plans to focus on the following strategic items: completing the company’s 2022 annual audit; continuing to reduce liabilities and debt on the balance sheet; having an effective S1 registration statement; powering the company’s self-mining equipment online; and extending the power and land contracts at the company’s flagship Gaffney, South Carolina, site. “There are some tough tasks ahead for the company to complete operationally, but we view it as good practice in our efforts to uplist to the NASDAQ,” said BlockQuarry president and chair Alonzo Pierce in the press release. “The company has delivered some historical moments in company history the last few months, and we want to continue that momentum leading into the second quarter. Our focus continues to be laying out the foundational groundwork to build upon in order to deliver as much value as possible for all. . . . We have had many internal discussions about BlockQuarry’s growth strategy and vision for the future of the company. The main focus for this next quarter is continuing to expand our network and portfolio of clean energy and land contracts across the United States, as well as continuing our efforts to clean up our balance sheet.”
To view the full press release, visit https://ibn.fm/zbfDu
About BlockQuarry Corp.
BlockQuarry Corp. is an energy and infrastructure company focused on cryptocurrency hosting and self-mining operations, with leased properties located within the southeast United States. BlockQuarry Corp. also maintains a fleet of digital/cryptocurrency mining equipment and infrastructure. For more information about the company, visit www.BlockQuarry.io.
NOTE TO INVESTORS: The latest news and updates relating to BLQC are available in the company’s newsroom at http://ibn.fm/BLQC
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