Vinanz, a UK-listed company, has announced a £3.58 million fundraiser to expand its mining operations and strategic bitcoin reserves

On June 17, UK-listed Vinanz announced that it had raised £3.58 million ($4.72 million) through the issuance of a total of 4,000,000 new ordinary shares to expand its mining operations and strategic Bitcoin reserves. CEO Hewie Rattray said: "This fundraising reflects the growing market interest in the Bitcoin strategy and accelerates Vinanz's goal of becoming a leading Main Board-listed Bitcoin company in the UK." Previously, on May 19, Vinanz bought 16.9 bitcoins at an average price of $103,341, with a total value of about $1.75 million.

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