on Coinsilium Group Limited (isin : VGG225641015)
Coinsilium Group Limited Updates on Bitcoin Treasury
Coinsilium Group Limited, a company listed on AQSE and OTCQB, has announced an update regarding its Bitcoin treasury activities. Through its subsidiary, Forza Gibraltar Limited, Coinsilium has purchased 7.6539 Bitcoin at an average price of £78,391.41 per Bitcoin, amounting to £600,000.
As of this announcement, Forza's total Bitcoin holdings are 32.8931 Bitcoin, with an aggregate average purchase price of £79,396.80 per Bitcoin. The total value of these holdings is approximately £2,560,645.
The company's Bitcoin acquisitions align with its Bitcoin Treasury Policy. Coinsilium emphasizes that while Bitcoin is considered a long-term reserve asset, it carries risks like price volatility, lack of regulation, and liquidity concerns. Investors are advised to conduct thorough research before investing.
R. E.
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