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Vinanz Limited ( (GB:BTC) ) has issued an announcement.
London BTC Company Limited, a listed Bitcoin mining and treasury specialist with operations across North America, is expanding its asset strategy beyond digital currencies. The company, which focuses on accumulating Bitcoin as a core treasury asset, views Bitcoin as an apex digital store of value and is now seeking complementary exposure to gold as a traditional monetary hedge.
The company’s U.S. subsidiary, Tethered Gold LLC in Nevada, has begun targeting prospective gold exploration projects in Nevada and Arizona, engaging Schiehallion Consulting to identify, evaluate and potentially acquire assets in mining-friendly jurisdictions. Management says this capital-light, phased programme is designed to build early-stage gold exposure as a hedge across macroeconomic cycles, with profits from future gold activities intended to support further Bitcoin mining expansion and long-term value per share, potentially strengthening the firm’s positioning across both digital and analogue scarce assets.
More about Vinanz Limited
London BTC Company Limited is a London Stock Exchange main market-listed Bitcoin mining and treasury company, also trading on the OTCQB in the U.S. under VINZF. It builds a strategic Bitcoin holding by acquiring Bitcoin for its treasury and from mining operations hosted at third-party facilities across several U.S. states and in Labrador, Canada.
Average Trading Volume: 1,192,105
Technical Sentiment Signal: Sell
Current Market Cap: £8.32M
Learn more about BTC stock on TipRanks’ Stock Analysis page.