Bluesky Digital Assets Corp. — Capital/Financing Update 2021

Jan 11, 2021

News Release

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THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES.

Bluesky Digital Assets Corp., Announces the Amendment to the Corporation’s Current NonBrokered Private Placement Raise

FOR IMMEDIATE RELEASE

Toronto, Ontario, January 11[th] , 2021 – Bluesky Digital Assets Corp., (CSE: BTC), (CSE: BTC.PR.A), (OTC Pink: BTCWF), (“Bluesky” or the “Corporation”) announced today that due to strong market demand, the Corporation is amending the closing date of its current and open private placement raise from Friday January 29[th] , 2021 to Friday January 15[th] , 2021. For complete details inregards to the terms of the offering, please refer to the Corporation’s press release dated January 5[th] , 2020 which can be viewed by visiting the Corporation’s SEDAR profile, or on the Corporation’s listing page at the CSE website or on the Corporation’s website.

About Bluesky Digital Assets Corp.

Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. For more information please visit www.blueskydigitalassets.com

For further information please contact:

Mr. Ben Gelfand Mr. Frank Kordy CEO & Director Secretary & Director Bluesky Digital Assets Corp. Bluesky Digital Assets Corp. T: (416) 363-3833 T: (647) 466-4037 E: ben.gelfand@blueskydigitalassets.com E: frank.kordy@blueskydigitalassets.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forwardlooking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.

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