UK’s Vaultz Capital Expands Bitcoin Treasury With £1.5M Purchase

CN
1 day ago

Vaultz Capital plc acquired the bitcoin for a total consideration of £1,519,893.73, equating to an average price of £88,640.49 per bitcoin (approximately $120,308.36).

This latest acquisition increases Vaultz Capital’s total bitcoin holdings to 135 BTC ($16.2M). The company’s overall average purchase price across its treasury stands at £85,622.47 per bitcoin. The total consideration paid for the entire treasury amounts to £11,559,034.

The purchase forms part of Vaultz Capital’s long-term bitcoin treasury policy. The company describes itself as an operating company focused on building scalable revenue within Bitcoin network infrastructure.

Its primary business strategy involves acquiring Bitcoin hashrate exposure, initially through cloud mining. This aims to generate ongoing revenue from block rewards and transaction fees.

Vaultz Capital reiterated its awareness of risks associated with holding bitcoin, as highlighted by the UK’s Financial Conduct Authority (FCA). These include high volatility, potential for total loss, market unregulation, operational failures, and susceptibility to financial crime or cyberattacks.

V3TC shares have not fared well and over the last five days, the stock is down more than 24% and 30-day metrics show a loss of 56%. The recent BTC purchase places Vaultz in the 77th position in terms of all the bitcoin treasury firms.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

交易送5万BGB,注册返10%+$6,200
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink