BIGG Digital Assets invests in integrated digital infrastructure firm Luxxfolio

BIGG Digital Assets (OTCQX:BBKCF) on Thursday has invested CAD$2.0M ($1.6M) in Luxxfolio Holdings, an integrated digital infrastructure firm, for 12.5M units priced at $0.16 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for 24 months at a price of $0.21, the company said. Moreover, BIGG Digital Assets (OTCQX:BBKCF), the owner of cryptocurrency brokerage Netcoins, now own ~15% of Luxxfolio and ~20% on a diluted basis. Luxxfolio is a sustainable Canadian-based crypto miner with operations in New Mexico. It was seeking a partner to help fund its initiatives for traditional bitcoin (BTC-USD) mining, as well as an entrance into decentralized data storage. BIGG's (OTCQX:BBKCF) move to embrace eco-friendly mining comes as New York looks to prohibit Proof-of-Work (fossil fuel-powered) crypto mining. "We believe Luxxfolio can become a global leader in sustainable crypto mining, and has established an excellent beach head operation in New Mexico with