Coinsilium Group Limited / VGG225641015
20.05.2025 - 08:00:19Coinsilium Group Limited: Initial Bitcoin Purchase Plan and Allocation to Forza!
Coinsilium Group Limited (COIN) 20-May-2025 / 07:00 GMT/BST Coinsilium Group Limited (“Coinsilium” or the “Company”) Initial Bitcoin Purchase Plan and Allocation to Forza! Gibraltar, 20 May 2025 – Coinsilium Group Limited (AQUIS:COIN, OTCQB:CINGF), the Web3 investor, advisor, and venture builder, is pleased to provide an update on its Bitcoin treasury strategy and its wholly owned Gibraltar subsidiary, Forza! Gibraltar Limited (“Forza!”), established to implement Coinsilium’s dedicated Bitcoin-focused treasury operations. About Forza! Forza! was established as a dedicated, structured vehicle to manage Bitcoin and digital asset holdings as part of Coinsilium’s broader treasury strategy, with all such holdings to be held and operated under Forza!, a wholly owned subsidiary of Coinsilium Group Limited. Forza! is structured with the intention to actively grow its Bitcoin treasury through automated, yield-generating strategies. This includes the planned integration of Otomato, a Web3 automation protocol in which Coinsilium holds a strategic interest. It is intended that yield generated in stablecoins would be converted into Bitcoin, in line with Forza!’s long-term accumulation strategy. Forza! is also intended to serve as a platform to demonstrate innovation in Bitcoin treasury management and support broader adoption of strategic digital asset solutions. Bitcoin Purchase Plan and Allocation to Forza! As an initial step in the build-out of Forza!’s Bitcoin holdings, the Company intends to transfer 5 Bitcoin from Coinsilium’s existing reserves into Forza!’s treasury. Further to the announcements dated 15 and 19 May 2025 regarding the broker placing and WRAP retail offer conducted with Winterflood Securities Limited, which raised gross proceeds of £1.5 million, the Company also intends to allocate an initial amount of no less than 10 Bitcoin from these proceeds to Forza!’s treasury. These allocations will provide Forza! with an initial holding of no less than 15 Bitcoin. This represents the beginning of Forza!’s treasury build-up, with further additions expected as the strategy progresses. The transfers are expected to be processed once all operational arrangements are in place. Forza! is currently in the process of onboarding with a Gibraltar-licensed and regulated over-the-counter (OTC) digital asset service provider. Upon completion of the onboarding process and account setup, the provider is expected to facilitate OTC execution and custodial services for Forza!’s treasury operations. Further updates will be provided as Forza!’s administrative setup progresses. This will include developments relating to the integration of Otomato, Forza!’s automated yield optimisation technology. Once fully operational, Forza! will independently hold Bitcoin on its balance sheet and operate as the Company’s dedicated treasury entity for Bitcoin accumulation and yield strategy implementation. The Directors of Coinsilium Group Limited take responsibility for this announcement.
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ISIN: | VGG225641015 |
Category Code: | MSCM |
TIDM: | COIN |
Sequence No.: | 389262 |
EQS News ID: | 2140924 |
End of Announcement | EQS News Service |
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