Publicly-listed digital asset firm Vaultz Capital has successfully raised £1 million (approximately $1.34 million) through the issuance of 6,060,607 new ordinary shares, each priced at one pence. The company plans to use the majority of the funds to expand its Bitcoin reserves as part of its BTC Treasury Strategy, while also covering operational expenses.
The newly issued shares will be traded on the AQSE Growth Market, with admission expected around July 17. Global Investment Strategy U.K. Limited is acting as the designated bookrunner for the offering, and Cairn Financial Advisers is serving as Vaultz Capital’s AQSE Corporate Adviser.
Following the announcement, Vaultz Capital’s share price rose by 2.01%, reaching $16.89 per share, according to Yahoo Finance.
With the issuance of 6,060,607 new ordinary shares, Vaultz Capital will bring its total number of shares in circulation to 129,265,196. The company confirmed that it does not hold any of its own shares.
Vaultz Capital CEO Alex Appleton expressed optimism about the firm’s strategic direction, stating that the company intends to pursue further fundraising rounds to support its Bitcoin-focused treasury strategy and strengthen investor confidence.
“We’re delighted to have completed another successful £1 million raise, reinforcing our balance sheet and signaling continued investor confidence in our vision and execution,” Appleton said.
Since announcing its Bitcoin treasury strategy in May, Vaultz Capital has committed to building a robust digital asset reserve, aiming to position itself as a leading corporate holder of Bitcoin. As of July 14, the company holds 50 BTC, with a current profit margin of 14.24%. According to data from Bitcoin Treasuries, the firm’s average acquisition cost per Bitcoin is approximately $107,320.
Bitcoin’s price has recently surged to a new all-time high, briefly surpassing $120,000 and approaching $123,000, with the latest figure standing at $122,838—further validating Vaultz Capital’s bullish stance on the asset.
