Based on TechFlow, on December 24, Swedish listed company Bitcoin Treasury Capital (stock code: BTCB) is raising $783,000 through the issuance of Class A preferred shares to purchase more Bitcoin, according to BitcoinTreasuries.NET (@BTCtreasuries).
Swedish Listed Company Bitcoin Treasury Capital to Raise $783,000 to Buy More Bitcoin
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Summary
Should I buy Bitcoin now? Swedish listed company Bitcoin Treasury Capital (stock code: BTCB) is raising $783,000 via Class A preferred shares to buy more Bitcoin, per BitcoinTreasuries.NET. The move comes as the firm looks to expand its holdings. What is the strategy behind this raise? Funds will directly go toward purchasing Bitcoin. The offering started on December 24.
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