Express

NASDAQ-listed Company VCI Global Plans to Raise $51 Million through Rights Issue to Establish Bitcoin Treasury

Summary: According to reports, NASDAQ-listed company VCI Global has announced plans to raise $51 million through a convertible note rights issue to establish a Bitcoin treasury, with an estimated $20 million allocated for Bitcoin purchases, aiming to enhance fund diversification and long-term capital flexibility.

According to reports, NASDAQ-listed company VCI Global has announced plans to raise $51 million through a convertible note rights issue to establish a Bitcoin treasury, with an estimated $20 million allocated for Bitcoin purchases, aiming to enhance fund diversification and long-term capital flexibility.

Last Update:

Tags:
Link: NASDAQ-listed Company VCI Global Plans to Raise $51 Million through Rights Issue to Establish Bitcoin Treasury [Copy]

Last: US Initial Jobless Claims for the Week Ending August 9th at 224,000, Below Expected 228,000

Next: US Treasury Secretary Yellen: No plans to purchase cryptocurrency reserves, will use seized assets

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 2 days ago

Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 4 days ago

AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 7 days ago

Can a $300M RWA Fund Save Avalanche's TVL? 8 days ago

Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 9 days ago