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Canadian listed company Captor Capital invests $500000 to acquire Bitcoin as a reserve asset

PANews
PANews|May 28, 2025 01:42
According to GlobeNewswire, Canadian listed company Captor Capital announced two strategic initiatives: 1) spending $500000 to purchase Bitcoin as a reserve asset; 2) An unsecured convertible note worth $450000 will be issued to European institutional investors to supplement operating funds and drive investment strategies. Captor Capital emphasizes that the Bitcoin acquisition is part of its innovative financial strategy aimed at creating excess value for shareholders. According to the terms of the agreement, if the company completes equity financing of more than $10 million or undergoes a change in controlling stake, the notes will automatically trigger the conversion mechanism.
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