Coinsilium Raises £1.25M to Launch Bitcoin Treasury Strategy, Opens Retail Offer
Coinsilium Group Limited, a pioneering blockchain firm that made history by being the first to IPO in 2015, has recently unveiled an exciting development in the crypto space. The company has successfully raised £1.25 million in an oversubscribed placing to kickstart its innovative Bitcoin treasury strategy. This strategic move aims to propel Coinsilium’s Bitcoin-focused initiatives to new heights through its fully-owned treasury vehicle, Forza (Gibraltar) Limited.
The placing, set at 3 pence per share, is a crucial step in funding the upcoming phase of Coinsilium’s Bitcoin strategy and bolstering its general operations. This financial boost not only underlines the company’s commitment to embracing the potential of Bitcoin but also signifies its dedication to staying at the forefront of blockchain innovation.
Executive Chairman Malcolm Palle expressed his enthusiasm about the successful Placing, stating, “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.” This bold move reflects Coinsilium’s forward-thinking approach in navigating the evolving landscape of digital assets.
Moreover, in addition to the institutional raise, retail investors can now partake in an opportunity to access a £250,000 raise through the Winterflood Retail Access Platform (WRAP), aligning with the company’s ethos of fostering inclusivity in the crypto investment space. This retail offering aims to broaden the participation in Coinsilium’s Bitcoin treasury strategy and empower retail investors to engage with digital assets.
The appointment of Oak Securities as a Joint Broker further showcases Coinsilium’s strategic vision to fortify its market standing and enhance investor outreach. Palle acknowledged Oak Securities’ integral role in the Placing, highlighting their contribution to the company’s growth trajectory. This strategic partnership signifies Coinsilium’s proactive approach in capital markets as it scales its Bitcoin treasury initiative.
As Coinsilium prepares for the admission of new shares to the Aquis Growth Market on 22 May 2025, the company is set to expand its footprint in the digital asset landscape. With the issuance of additional ordinary shares and a strong focus on executing its Bitcoin treasury strategy, Coinsilium is poised for continued growth and innovation in the crypto domain.
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