Coinsilium Group Limited, a pioneer in blockchain IPOs, has successfully raised £1.25 million in an oversubscribed placement to support its Bitcoin treasury strategy through its subsidiary, Forza (Gibraltar) Limited. This investment, priced at 3 pence per share, aims to propel the company's Bitcoin-focused initiatives and general operations. Alongside institutional investment, £250,000 is allocated for retail investors via the Winterflood Retail Access Platform (WRAP). The company's strategic partnership with Oak Securities as Joint Broker reflects its intent to enhance market position and investor engagement, facilitating its aggressive push into the Bitcoin treasury market.
"I am delighted to announce this Placing today," said Executive Chairman Malcolm Palle. "We have been very pleased by the response to the Company's Forza! Initiative and these funds will allow us to advance the implementation of our Bitcoin Treasury Strategy."
Coinsilium has raised £1.25 million to kick start its Bitcoin treasury strategy. A WRAP retail offering of £250,000 is on offer to provide retail investors the opportunity to participate. We are laser focused on our bitcoin treasury strategy."
"I am also pleased to welcome Oak Securities as Joint Broker to the Company and would like to acknowledge their role as a cornerstone in this Placing," added Palle.
The addition of Oak to Coinsilium's broker lineup signals growing interest and a more aggressive approach to capital markets as the company scales its Bitcoin treasury initiative.
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