Quantum Blockchain Technologies incorporates BlocKeeper, eyes Aquis float

Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) told investors that its BlocKeeper subsidiary has now been incorporated in Malta as it pushes ahead with plans to build a capital-light Bitcoin “virtual mining” business.

BlocKeeper is designed to acquire and manage Bitcoin hash rate from established industry participants, giving it exposure to Bitcoin production without direct investment in mining infrastructure, hardware or energy procurement.

The company said BlocKeeper is in commercial negotiations with hashpower providers, Bitcoin miners, hashpower brokers and mining pools, with a view to entering hashpower purchasing agreements after a proposed fundraising and admission to the AQSE Stock Exchange Growth Market.

QBT said the model would treat hash rate as a tradable commodity through offtake and other flexible arrangements, aiming to keep fixed costs low while allowing exposure to be adjusted as market conditions change.

BlocKeeper also plans to use QBT’s proprietary AI-driven mining technologies to optimise hash rate deployment across its counterparty network once those technologies become commercially available.