Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Crypto News

Bitcoin-Focused Vinanz Triples Fundraising Target With £3.6M Raise to Fuel BTC Strategy

by
June 17, 2025
in Crypto News
0
Bitcoin-Focused Vinanz Triples Fundraising Target With £3.6M Raise to Fuel BTC Strategy
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Bitcoin mining company Vinanz has raised £3.58 million from investors, more than triple its initial £1 million target, as it looks to expand its cryptocurrency holdings and mining operations.

Key Takeaways:

Vinanz raised £3.58 million, triple its goal, to expand Bitcoin mining and treasury holdings. Retail investors led the round with £3 million via WRAP. The company plans to rebrand as the London Bitcoin Company.

The London Stock Exchange-listed company said the new funds would be used to purchase more Bitcoin and reinforce its North American mining presence.

“This raise reflects growing interest in our LSE-listed Bitcoin strategy and helps accelerate our goal of becoming a leading UK main board-listed Bitcoin company,” said CEO Hewie Rattray.

Retail Investors Dominate Vinanz Raise With £3M via WRAP

Of the total, £3.03 million was raised through retail investment platform WRAP, with the remaining £550,000 coming from direct institutional subscriptions. Both tranches were priced at 13.75p per share.

Vinanz runs mining facilities in the U.S. and Canada and holds Bitcoin as a treasury asset, following a model popularized by U.S.-based firms such as MicroStrategy, Marathon Digital, and Riot Platforms.

With Bitcoin’s price surging over 75% since April 2024, driven in part by the most recent halving event, investor appetite for exposure to the asset appears to be heating up again.

We are very pleased to see so many new retail shareholders coming on to the @VinanzBTC share register after this successful Retail Offer WRAP. Brilliant result £3.6m. We are going to own a lot more #Bitcoin very soon and also gives us horsepower to grow our biz. #BTC. Very… https://t.co/tqpSlWTFo1

— David Lenigas (@DavidLenigas) June 17, 2025

Bitcoin briefly touched $111,000 in May and currently trades near $107,000. Analysts have floated long-term price projections ranging from $200,000 to $1 million.

Vinanz’s raise underscores rising interest in regulated, exchange-listed vehicles for Bitcoin exposure, especially in the UK, where few firms are subject to full LSE and FCA oversight.

The company is expected to rebrand as the London Bitcoin Company in the near future.

The announcement adds to a growing list of firms embracing Bitcoin as a balance sheet hedge or strategic investment. Recent data shows 223 public companies now hold Bitcoin, up from 124 just days earlier.

In total, more than 819,000 BTC, approximately 3.9% of the total supply, is currently held by public firms, according to BitcoinTreasuries.NET.

Strategy remains the largest corporate Bitcoin holder, with 580,250 BTC worth approximately $60.9 billion.

Other major holders include Marathon Digital Holdings and Tesla, both with over $1 billion in Bitcoin.

VanEck Warns BTC Treasury Strategy May Backfire

Just recently, VanEck’s head of digital asset research, Matthew Sigel, raised concerns about the Bitcoin treasury strategies used by certain public companies, suggesting that continued accumulation of BTC could soon harm shareholders more than help.

He specifically criticized the use of at-the-market (ATM) share issuance programs, warning that they can become dilutive when stock prices approach the company’s Bitcoin net asset value (NAV).

Sigel proposed several measures to prevent value erosion, including pausing ATM programs if a company’s stock trades below 0.95x NAV for over 10 days.

He drew comparisons to past failures in the crypto mining sector, where excessive dilution and executive pay led to major shareholder losses.

As an example, he cited Semler Scientific, a medical tech firm that entered the BTC space in 2024.

Despite acquiring 3,808 BTC, its stock has fallen over 45%, and its mNAV has dropped to 0.82x.

The post Bitcoin-Focused Vinanz Triples Fundraising Target With £3.6M Raise to Fuel BTC Strategy appeared first on Cryptonews.

Previous Post

XRP Ledger Daily Users Jump 7x to 295K — Is a Price Shift Coming?

Next Post

US still has no UN ambassador as world leaders convene amid multifront crises

Next Post
US still has no UN ambassador as world leaders convene amid multifront crises

US still has no UN ambassador as world leaders convene amid multifront crises

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
ASIC Targets ASX: $164M Blockchain Disaster Sparks Expert Panel Probe

ASIC Targets ASX: $164M Blockchain Disaster Sparks Expert Panel Probe

June 26, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
Solana Price Prediction: Institutional Demand Hits New High – $1,000 SOL Incoming

Solana Price Prediction: Institutional Demand Hits New High – $1,000 SOL Incoming

June 25, 2025
Sotomayor breaks with Jackson in Supreme Court decision over Trump cuts to federal workforce

Sotomayor breaks with Jackson in Supreme Court decision over Trump cuts to federal workforce

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Sotomayor breaks with Jackson in Supreme Court decision over Trump cuts to federal workforce

Sotomayor breaks with Jackson in Supreme Court decision over Trump cuts to federal workforce

July 9, 2025
New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

July 9, 2025
Polygon (POL) Technicals Flash Bullish as Heimdall v2 Upgrade Nears – $0.225 Target in Play

Polygon (POL) Technicals Flash Bullish as Heimdall v2 Upgrade Nears – $0.225 Target in Play

July 9, 2025
Copper Soars to All-Time High as Trump Unveils 50 percent Tariff on Imports

Copper Soars to All-Time High as Trump Unveils 50 percent Tariff on Imports

July 9, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Sotomayor breaks with Jackson in Supreme Court decision over Trump cuts to federal workforce

    Sotomayor breaks with Jackson in Supreme Court decision over Trump cuts to federal workforce

    July 9, 2025
    New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

    New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

    July 9, 2025
    Polygon (POL) Technicals Flash Bullish as Heimdall v2 Upgrade Nears – $0.225 Target in Play

    Polygon (POL) Technicals Flash Bullish as Heimdall v2 Upgrade Nears – $0.225 Target in Play

    July 9, 2025
    Copper Soars to All-Time High as Trump Unveils 50 percent Tariff on Imports

    Copper Soars to All-Time High as Trump Unveils 50 percent Tariff on Imports

    July 9, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved