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Highlights:

  • BTC adds 5.85 bitcoin to treasury at average price of USD 107,863 per bitcoin.
  • The company now holds 65.03 bitcoin, with an average acquisition cost of USD 98,211.74.
  • BTC expands Bitcoin holdings alongside mining operations in the US and Canada.

Vinanz Limited (LSE:BTCQ), a Bitcoin treasury and mining company listed on the London Stock Exchange’s Main Market, has increased its digital asset holdings with the purchase of an additional 5.85 bitcoin, valued at approximately USD 631,000. This transaction is part of the company’s ongoing strategy to accumulate bitcoin through both direct purchases and mining operations.

The average purchase price for this latest transaction was USD 107,863 per bitcoin. Following this acquisition, Vinanz now holds a total of 65.03 bitcoin in its corporate treasury, with the average acquisition cost across all holdings at USD 98,211.74 per bitcoin.

Vinanz is pursuing a dual-track strategy to grow its bitcoin exposure: direct acquisition of the cryptocurrency and bitcoin mining through infrastructure located in North America. The company’s most recent purchase represents a continuation of this treasury-focused approach, using capital previously raised to increase the amount of bitcoin it holds directly.

The decision to accumulate bitcoin reflects a broader strategy to maintain a growing digital asset reserve that aligns with the company’s operational and financial planning. This approach is designed to offer publicly traded market access to bitcoin exposure, with the added emphasis on transparent and audited custody arrangements.

Vinanz’s mining operations are based across various third-party hosting facilities in the United States and Canada, including sites in Indiana, Iowa, Nebraska, and Texas, as well as in Labrador, Canada. Through these locations, the company continues to mine bitcoin independently while supplementing its treasury via direct market purchases.

This geographic diversification offers exposure to multiple operational zones, potentially mitigating location-specific risks and offering broader infrastructure access. The combined mining and treasury approach enables Vinanz to pursue bitcoin accumulation with both active and passive acquisition models.

Commenting on the development, CEO Hewie Rattray stated that the company remains committed to its plan of deploying capital into Bitcoin as part of its business strategy. He noted that the goal is to maintain transparency around the company’s holdings while giving investors visibility into the scale and cost basis of bitcoin held on the balance sheet.

Vinanz’s treasury activity is updated regularly, and all acquisitions are disclosed to the market, with directors taking formal responsibility for each announcement. This approach seeks to distinguish the company’s bitcoin acquisition model from less structured holdings in the sector.