On July 10, London BTC Company Limited (previously known as Vinanz Limited) announced a strategic capital raise targeting between £1 million and £5 million, equivalent to nearly $6.8 million USD. The company plans to allocate a significant portion of the proceeds to bolster its Bitcoin (BTC) reserves, reinforcing its position in the digital asset market. This funding round will be executed via the issuance of new equity shares, priced at 13 pence per share, providing investors with an opportunity to participate in the company’s growth trajectory. The move underscores London BTC Company Limited’s commitment to expanding its cryptocurrency portfolio amid evolving market dynamics and increasing institutional interest in Bitcoin as a store of value.
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