Vinanz Limited Secures $4 Million in Bridge Funding for Bitcoin Expansion
Vinanz Limited secured $4 million in bridge funding to expand its presence in Bitcoin. The investment, sourced from an unnamed global manager, includes an initial $2 million, with the remainder expected soon. Key points include:
- Funds will strengthen Bitcoin holdings and support a potential dual listing on NASDAQ.
- Vinanz is also listed on the US OTCQB market under GB: BTC.
- Plans include increasing treasury holdings and boosting mining operations across several US states and Canada.
As Bitcoin gains traction as a financial asset, firms like Vinanz are positioning themselves strategically. Other companies, including Metaplanet, are also increasing their Bitcoin investments, with Metaplanet recently purchasing 1,241 BTC for $129 million. Currently, Bitcoin's value is at $103,873.97, reflecting a 22% increase over the past month.