Bitcoin Purchase and Bitcoin Treasury Update
Vaultz Capital plc (AQSE: V3TC), a digital asset operating company, is pleased to announce a further purchase of Bitcoin as part of its long-term Bitcoin treasury policy.
Purchase Summary:
· Bitcoin Purchased 17.146721
· Average Purchase Price: £88,640.49 per Bitcoin (approximately $120,308.36)
· Total Consideration: £1,519,893.73
Treasury Summary:
· Total Bitcoin: 135
· Average Purchase Price: £85,622.47 per Bitcoin (approximately $115,008.65 *)
· Total Consideration: £11,559,034
*The total $ amount is given by adding each $ purchase and as such is not a reflection of current exchange rates.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation. The Directors take responsibility for its release.
For further information please contact:
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Vaultz Capital plc Charlie Wood
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+44 (0)20 3475 6834 |
About Vaultz Capital plc
The Company is an operating company and intends to build a scalable, revenue-generating business through participation in the Bitcoin network infrastructure. Initially this will focus on acquiring exposure to Bitcoin hashrate via Bitcoin cloud mining. The Company is exploring multiple routes to access hashrate, including the direct acquisition of mining hardware and indirect arrangements with established operators. These mechanisms are intended to provide the Company with ongoing exposure to Bitcoin block rewards and transaction fees, forming the core of the Company’s commercial activity. While the Company also maintains a Bitcoin treasury policy, its primary business is operational in nature, centred around infrastructure participation within the Bitcoin ecosystem.
