The small-cap has secured an option over a 64,000-ounce gold resource as it reshapes itself around scarce monetary assets following the disposal of its South Korean subsidiaries.

It has taken a 120-day exclusive option over a Mexican gold resource carrying an 8.7 g/t grade, structuring most of the payment around future resource growth.

Bluebird Mining Ventures has offloaded its Gubong and Kochang projects in South Korea, keeping a 2.5% royalty on each as it shifts toward a capital-light streaming model.

Its initial Bitcoin streaming investment generated recurring revenue in line with expectations during its first complete month of production, as net asset value rose to $1.18 million.

The company posted its second consecutive month of revenue in June, with a new Bitcoin streaming agreement contributing roughly $3,400 from a partial month of operation.

The small-cap firm recorded its first full month of revenue in May while reporting progress on asset restructurings, hires and a treasury that retains exposure to gold and Bitcoin.

Bluebird Mining Ventures has agreed to transfer its Gubong and Kochang interests to a Vancouver-founded vehicle that will assume funding and liabilities while BMV keeps a 2.5% Net Smelter Return per project with a USD 2.5 million buy-out right.

It has generated its first revenues from streaming and digital assets and entered a term sheet with Cascadia Industries to deploy and stream approximately 750 Bitcoin miners while retaining equipment ownership.

The group has struck a deal with Digital Carpenters to back a 4.8MW bitcoin mining project in Texas, completing an initial investment and securing an option to deploy about US$2.3m over three years while expecting first revenues in the coming weeks.

Management says the cash will accelerate a shift from infrastructure build‑out to active capital deployment.