Coinsilium Group Limited / VGG225641015
29.05.2025 - 10:36:04Coinsilium Group Limited: Forza! Bitcoin Treasury Update
Coinsilium Group Limited (COIN) 29-May-2025 / 09:36 GMT/BST Coinsilium Group Limited (“Coinsilium” or the “Company”) Forza! Bitcoin Treasury Update Coinsilium Group Limited (AQSE: COIN | OTCQB: CINGF), the Web3 investor, advisor, and venture builder, is pleased to provide an update on its Bitcoin treasury and its wholly owned Gibraltar subsidiary, Forza! Gibraltar Limited (“Forza!”), established to implement Coinsilium’s dedicated Bitcoin-focused treasury operations. Details of the Company’s Bitcoin purchase are as follows: Number of Bitcoin Purchased: 5.0021 Average Purchase Price: £82,165.49 per Bitcoin ($110,424.26 per Bitcoin) Amount Purchased: £411,000 As announced on 20 May 2025, the Company made an initial commitment to acquire a minimum of 15 Bitcoin for Forza!’s treasury. This process is currently underway. To date, 5.0021 Bitcoin have been purchased and a further 5 Bitcoin transferred from Coinsilium’s existing reserves, valued at today’s market rate (£80,121.38), bringing Forza!’s holdings to 10.0021 Bitcoin at the time of this announcement. A further update will be provided once the remaining Bitcoin under this initial minimum commitment has been acquired, which is expected in the near term. Details of Forza!’s Bitcoin Holdings are as follows: Total Bitcoin Holdings (Forza!): 10.0021 Bitcoin Total Average Purchase Price: £81,143.65 per Bitcoin ($109,017.16 per Bitcoin) Total Value of the Bitcoin Holdings: £811,606.90 ($1,090,400.50)
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ISIN: | VGG225641015 |
Category Code: | MSCM |
TIDM: | COIN |
Sequence No.: | 391078 |
EQS News ID: | 2147724 |
End of Announcement | EQS News Service |
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