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Bluesky Digital Assets
(BTC)
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Rating:48Neutral
Price Target:
C$0.11
▼(-0.91% Downside)
Action:Reiterated
Date:08/25/26
The score is held down primarily by weak financial performance (ongoing losses and cash burn), with only partial support from a comparatively low-leverage balance sheet. Technicals add mixed impact—flat trend but clearly overbought momentum—while valuation remains unattractive due to negative earnings. Corporate events provide some upside optionality, but execution and approval risks remain.
Positive Factors
Low Leverage
Low leverage reduces near-term solvency pressure and gives the company greater financial flexibility while it attempts to improve operations and fund strategic initiatives.
Negative Factors
Persistent Net Losses
Repeated sizable losses indicate that the current operating model is not yet economically viable, limiting retained capital and increasing dependence on successful restructuring or external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Low leverage reduces near-term solvency pressure and gives the company greater financial flexibility while it attempts to improve operations and fund strategic initiatives.
Read all positive factors
Bluesky Digital Assets (BTC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$8.19M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)1.45
Revenue Growth-293.45%
EPS Growth68.53%
CountryCA
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)-0.04
Shares Outstanding75,098,960
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)3.55
Price to Sales (P/S)698.10
P/FCF Ratio-5.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bluesky Digital Assets Business Overview & Revenue Model
Company Description
Bluesky Digital Assets Corp., a Canadian firm based in Toronto, specializes in the extraction of digital assets. The company actively mines cryptocurrencies like Bitcoin and Ether. In addition to its core mining operations, it delivers innovative ...
Bluesky Digital Assets Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
55
Neutral
Cash Flow
22
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.57K | 0.00 | 0.00 | 1.42M | 3.73M |
| Gross Profit | -1.09M | -73.73K | -120.45K | -6.91M | 2.17M |
| EBITDA | -4.65M | -2.56M | -3.94M | -5.52M | -4.96M |
| Net Income | -4.66M | -2.62M | -4.06M | -7.40M | -6.31M |
Balance Sheet | |||||
| Total Assets | 1.25M | 1.61M | 880.09K | 1.97M | 8.72M |
| Cash, Cash Equivalents and Short-Term Investments | 269.16K | 1.31M | 148.82K | 281.07K | 1.00M |
| Total Debt | 65.84K | 114.69K | 165.81K | 265.27K | 296.97K |
| Total Liabilities | 158.54K | 709.70K | 856.39K | 1.41M | 3.84M |
| Stockholders Equity | 1.10M | 903.46K | 23.70K | 556.92K | 4.88M |
Cash Flow | |||||
| Free Cash Flow | -658.46K | -620.80K | -1.27M | -2.89M | -7.83M |
| Operating Cash Flow | -658.46K | -620.80K | -1.27M | -439.31K | -1.94M |
| Investing Cash Flow | -950.43K | 211.75K | 364.97K | -2.31M | -5.45M |
| Financing Cash Flow | 562.00K | 1.59M | 768.66K | 2.18M | 7.06M |
Bluesky Digital Assets Technical Analysis
Positive
0.11
Price Trends
0.11
Negative
0.11
Positive
0.10
Positive
Market Momentum
<0.01
Positive
81.57
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BTC, the sentiment is Positive. The current price of 0.11 is above the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.11, and above the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 81.57 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BTC.
Bluesky Digital Assets Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
48 Neutral | C$8.19M | -2.63 | -170.33% | ― | -293.45% | 68.53% | |
46 Neutral | C$1.45M | -4.72 | -13.26% | ― | ― | 1.75% | |
46 Neutral | C$2.95M | -0.52 | 240.47% | ― | ― | ― | |
43 Neutral | C$2.33M | -0.68 | -171.68% | ― | -70.40% | 42.19% | |
40 Underperform | C$8.55M | -1.54 | -109.65% | ― | -31.25% | -30.36% | |
39 Underperform | C$1.13M | -1.01 | 71.71% | ― | -103.62% | 34.73% |
* Financial Sector Average
TSE:BTC
Bluesky Digital Assets
0.11
<0.01
10.00%
TSE:CSTR
CryptoStar Corp
0.01
0.00
0.00%
TSE:BITK
BlockchainK2
0.03
-0.05
-62.50%
TSE:BKMT
BlockMint Technologies
0.03
-0.03
-50.00%
TSE:SATO
SATO Technologies
0.10
-0.02
-20.83%
TSE:SPIR
SPIRIT Blockchain Capital, Inc.
0.02
-0.01
-40.00%
Bluesky Digital Assets Corporate Events
Business Operations and StrategyDelistings and Listing ChangesM&A TransactionsPrivate Placements and FinancingShareholder Meetings
Bluesky Digital Wins Conditional CSE Approval for ChessGold Deal
Positive
Aug 18, 2026
Bluesky Digital Assets Corp. has obtained conditional approval from the Canadian Securities Exchange for its planned acquisition of ChessGold Inc., a deal classified as a Fundamental Change under CSE policies and requiring shareholder approval at ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.