The investment consists of an initial 2 million USD received and an additional 2 million USD contingent upon performance. Facilitated by Dominari Securities, the structured deal allows for share conversion at preset conditions.
Vinanz aims to capitalize on the growing crypto market by expanding Bitcoin mining operations across several U.S. States and Canada, while trading on LSEG and OTCQB.
Chairman David Lenigas highlighted the importance of this funding in solidifying Vinanz’s position in the crypto sector and its ambition for a NASDAQ listing, potentially attracting significant institutional interest.
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