secwatch.observer — SEC 8-K summary
======================================

Issuer:     BLUSKY AI INC. (BSAI)
CIK:        0001416090
Form:       8-K
Filed at:   2025-07-07T23:59:59+00:00
Accession:  0001096906-25-001096
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BluSky AI secures 9.3 MW solar power and 51.6-acre land lease for Utah data center
--------------------------------------------------------------------------------

- Acquired exclusive right to 9.3 MW solar/grid power at $0.068/kWh for data center project in Milford, Utah.
- Issued 20 million restricted common shares to Digital Asset Management, LLC as consideration for the power commitment.
- Leased 51.6 acres in Milford, Utah from Wild Mustang Ventures LLC for two years at $90,000 annual base rent.
- Tenant has option to purchase the land; lease auto-extends if option not exercised 30 days before expiration.
- Power cost subject to change with Seller's cost; Buyer pays power company directly; liability remains with Seller.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1416090/000109690625001096/0001096906-25-001096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1416090/000109690625001096/imii-20250626.htm
  HTML page:      https://secwatch.observer/filing/0001096906-25-001096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer