• Vaultz Capital has appointed Eric Benz as the new CEO and a new Bitcoin Advisory Board has been formed.
• The company plans to conduct several capital raises to accumulate more Bitcoins.
• BTC price has suffered midterm bearish sentiment amid heightened demand from corporate investors.

U.K.-based digital asset firm Vaultz Capital (AQSE: V3TC) announced it has raised over £6 million to launch an aggressive Bitcoin (BTC) acquisition strategy for its corporate treasury. The company has also appointed new leadership to spearhead the initiative, signaling it following Saylor’s “Strategy playbook.”

According to the August 1 announcement, Vaultz Capital confirmed it raised £4.275 million through a subscription led by Aura Digital and an additional £2 million via an oversubscribed placing. The company stated that a significant portion of these funds, approximately £2.6 million, is allocated for purchasing Bitcoin.

To lead this new direction, Vaultz has appointed Erik Benz as its new Chief Executive Officer and established a dedicated Bitcoin Advisory Board, which includes Mark Taverner and Hans Henrik Hoffmeyer.

“We have raised over £6 million through …

The post With £6M Raise and a New CEO, UK’s Vaultz Capital to Begin Bitcoin Accumulation appeared first on Coin Edition.

• Vaultz Capital has appointed Eric Benz as the new CEO and a new Bitcoin Advisory Board has been formed.
• The company plans to conduct several capital raises to accumulate more Bitcoins.
• BTC price has suffered midterm bearish sentiment amid heightened demand from corporate investors.

U.K.-based digital asset firm Vaultz Capital (AQSE: V3TC) announced it has raised over £6 million to launch an aggressive Bitcoin (BTC) acquisition strategy for its corporate treasury. The company has also appointed new leadership to spearhead the initiative, signaling it following Saylor’s “Strategy playbook.”

According to the August 1 announcement, Vaultz Capital confirmed it raised £4.275 million through a subscription led by Aura Digital and an additional £2 million via an oversubscribed placing. The company stated that a significant portion of these funds, approximately £2.6 million, is allocated for purchasing Bitcoin.

To lead this new direction, Vaultz has appointed Erik Benz as its new Chief Executive Officer and established a dedicated Bitcoin Advisory Board, which includes Mark Taverner and Hans Henrik Hoffmeyer.

“We have raised over £6 million through …

The post With £6M Raise and a New CEO, UK’s Vaultz Capital to Begin Bitcoin Accumulation appeared first on Coin Edition.