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UK Listed Company Valereum Plc Plans to Establish Bitcoin Treasury Reserve
Summary: According to reports, UK listed company Valereum Plc plans to raise approximately £500,000 by issuing around 16,129,032 ordinary shares to accelerate the company's growth strategy. The fundraising will be conducted in two phases, including today's expected completion of 400,000 shares in a private placement, and next week's planned retail placement of 100,000 shares (currently being ...
According to reports, UK listed company Valereum Plc plans to raise approximately £500,000 by issuing around 16,129,032 ordinary shares to accelerate the company's growth strategy. The fundraising will be conducted in two phases, including today's expected completion of 400,000 shares in a private placement, and next week's planned retail placement of 100,000 shares (currently being finalized).
The proceeds from this fundraising are intended to expand VLRM Markets' existing business scope and enhance the onboarding capabilities of new token issuers, supporting business and ecosystem growth plans, including cryptocurrency consulting services, BTC initiatives, GATE tokens, and other opportunities.
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