Bitcoin Treasury Firms Expand War Chests as Global Adoption Rises
Remixpoint (3825), a Japanese energy consulting firm, disclosed Wednesday that it raised around 31.5 billion yen ($215 million) in new financing. Remixpoint holds 1,051 BTC and intends to deploy the entire capital toward buying more, with a near-term goal of reaching 3,000 BTC in its treasury.
Sweden's H100 Group (H100), a health technology company, said it secured an additional 516 million kronor ($54 million) through its Tranche 6 and Tranche 7 financing rounds, originally announced on June 16. Total capital raised now stands at 921 million kronor, it said Wednesday. H100 currently holds 248 BTC and plans to direct funds toward opportunities tied to its bitcoin treasury strategy.DigitalX (DCC) raised $20.7 million from investors including Animoca Brands, UTXO Management and ParaFi Capital to grow its bitcoin treasury. The placement, priced at $0.074 per share, includes warrants exercisable at $0.15. Directors plan to invest $610,000, subject to shareholder approval.
Canada's LQWD Technologies (LQWD), which operates a network of enterprise-grade nodes on the Lightning network, said Monday it increased its financing round to C$12.3 million ($9 million). The capital will support further bitcoin acquisitions as part of LQWD's Lightning Network business. LQWD currently holds 181 BTC.Update: DigitalX has been updated and raised $20.7 million.
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