BREAKING
231d 23h ago

ECD Automotive Design Secures $500M Financing to Boost Bitcoin Reserve Strategy and Classic Car Investments

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

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Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
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$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

ECD Automotive Design Company (Nasdaq: ECDA), renowned as the leading Land Rover and Jaguar restoration specialist, has secured a $500 million equity financing agreement with ECDA Bitcoin Reserve LLC. This capital injection is set to underpin ECD’s innovative Bitcoin reserve strategy, enhancing its position as a forward-thinking store of value asset and supporting its broader corporate growth initiatives. The financing aligns with ECD’s strategic objective to engage the expanding Bitcoin and digital asset investor base, a demographic that has generated substantial wealth over the last decade.

By integrating digital asset holdings with tangible luxury assets, ECD aims to facilitate diversification opportunities for crypto investors into real-world assets (RWA) such as classic automobiles. As part of this initiative, ECD will offer a $21,000 vehicle upgrade credit to the first 21 customers purchasing new vehicles with Bitcoin within the next year, providing a unique incentive that bridges the gap between digital currency and high-end physical assets.

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