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Bitcoin Treasury Capital Raises $786K

Bitcoin Treasury Capital Raises SEK 7.2 Million to Expand Bitcoin Holdings

  • Bitcoin Treasury Capital, a Swedish firm, completed a directed capital raise of approximately SEK 7.2 million ($786,000).
  • The company issued 60,400 preference A shares to generate the funds.
  • The raised capital will be used to acquire more Bitcoin and support ongoing operations.
  • BTC AB currently holds 187 BTC, valued at around $16 million.
  • The company’s Bitcoin treasury could expand to 271 BTC under a full convertible loan agreement.

Bitcoin Treasury Capital successfully raised approximately SEK 7.2 million through a directed share issue to increase its Bitcoin holdings and support operations. The firm currently holds 187 BTC and aims to expand its treasury further under a convertible loan agreement.

Source (3.2)https://cryptobriefing.com/bitcoin-treasury-capital-raises-capital-acquire-bitcoin/?rand=59535
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