Vinanz successfully raised 4.47 million USD, more than three times its goal, dedicated to expanding Bitcoin mining and treasury assets. Most funds came from retail investors, signaling a strong market interest.
The company plans to enhance its mining infrastructure in North America and buy more Bitcoin. CEO Hewie Rattray noted a significant interest in their Bitcoin strategy.
Investor appetite for Bitcoin exposure is rising, especially following a 75% surge in BTC prices since April 2024. Vinanz aims to rebrand to the London Bitcoin Company to align with growing market trends.
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