Mining company Vinanz raises £3.58 million to increase its Bitcoin holdings and expand its business.

GateNews

2025-06-17 09:39:35

BTC0,61%

Gate News bot news, the London Stock Exchange-listed Bitcoin mining company Vinanz announced that it has completed a £3.58 million financing, which is more than three times its initial £1 million financing target. The new financing will be used to increase its Bitcoin holdings and strengthen its mining operations in North America.

Of this, £3.03 million was raised through the retail investment platform WRAP, while the remaining £550,000 came from direct subscriptions by institutions. Both issuances of shares were priced at 13.75 pence each.

Vinanz operates mining facilities in the United States and Canada, and holds Bitcoin as treasury assets.

Source: Cryptonews

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