Vinanz Ltd (LSE:BTC, OTCQB:VINZF) CEO Hewie Rattray talked with Proactive's Stephen Gunnion about the company’s recent successful fundraising round, in which it raised £3.58 million—more than triple its original target. Rattray attributed the strong retail investor interest to Vinanz’s positioning as the best value player in the Bitcoin treasury space in the UK.
Rattray explained that most of the newly raised capital will be used to purchase Bitcoin directly at spot, minus associated fees. However, the company is also exploring strategic financial instruments, such as selling put options and bond issuance backed by Bitcoin, to diversify its exposure.
Looking ahead, Vinanz is focused on strengthening its Bitcoin treasury, with its mining operations remaining in the US and Canada as it prepares for a Nasdaq IPO in Q3. “I think it's important for us to have that kind of global presence there. And the US investors like that, especially the institutions,” Rattray said.
On risk management, Rattray emphasised a long-term perspective. “This is the accumulation game… I have a long-term view of Bitcoin or even a medium-term view 12 to 24 months, that we’re going to go up substantially from here.”
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