Vinanz PLC is concentrating on expanding its Bitcoin mining operations in Bitcoin-friendly states within the U.S., such as Texas and Florida, aiming to be in half of the US States during 2025
The company aims to reach a market capitalisation of $1 billion and plans to pursue a listing on NASDAQ, potentially as early as next year.
David Lenigas believes that the outcome of U.S. elections, particularly if Trump wins, could significantly boost Bitcoin prices and, by extension, the company’s growth prospects.
The video discusses Vinanz PLC’s plans and strategies for expanding its Bitcoin mining operations in the U.S. The company, chaired by David Lenigas, aims to reach a market valuation of $1 billion and potentially list on NASDAQ next year.
They are focusing on Bitcoin-friendly states like Texas and Florida and plan to operate in half of the U.S. states by 2025. Lenigas believes the outcome of the U.S. elections, especially if Trump wins, could significantly boost Bitcoin prices, which would positively impact the company’s growth.
The company’s expansion strategy also involves increasing its presence in Canada due to favorable energy prices. Vinanz PLC has seen increased trading volume and price growth in the U.S. market, suggesting growing investor interest. The focus remains on penetrating key states where cryptocurrency mining is thriving and where there is a strong crypto community.
