on Coinsilium Group Limited (isin : VGG225641015)
Coinsilium Group Reports on Bitcoin Treasury Strategy
Coinsilium Group Limited has updated its investors on the Bitcoin treasury activities of its subsidiary, Forza Gibraltar Limited. Forza recently acquired 57.5357 Bitcoin at an average price of £86,902.51 each, totaling £5 million. The subsidiary now holds a total of 181.9596 Bitcoin.
The aggregate average purchase price for Forza's Bitcoin holdings stands at £83,707.63 per Bitcoin, with the total value reaching approximately £15.7 million. These purchases align with Coinsilium's Bitcoin Treasury Policy, underscoring its commitment to a strategic long-term reserve asset strategy. The company operates a diversified investment portfolio across the digital asset sector.
Despite potential risks such as volatility and lack of regulation, Coinsilium emphasizes its experienced approach to Bitcoin holdings. Investors are advised to consider these risks and refer to the company's detailed plans and policies.
R. H.
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