UK-listed Vaultz Capital Buys 20 More Bitcoin, Joins Institutional Race to Hold and Mine BTC

Vaultz Capital buys 20 BTC for £1.78 million, increasing holdings to 70 BTC. The firm begins Bitcoin mining operations with 20 PH/s of cloud-based hashrate. Vaultz Capital joins 135+ public companies holding Bitcoin, alongside BlackRock and Strategy. Bitcoin institutional adoption keeps rising with companies of all sizes now adding the asset to their balance sheets. The latest is UK-listed firm Vaultz Capital, which just bought more Bitcoin and launched its first mining operation. The UK-listed digital asset firm listed on the AQSE exchange, Vaultz Capital, has announced the purchase of 20 additional Bitcoin tokens at an average price of £88,981 ($119,380) each. This £1.78 million acquisition increases the company’s total BTC holdings to 70, worth approximately £5.79 million. The average purchase price across all holdings is £82,653 per coin, or approximately $110,766. Bitcoin Mining Operations Begin In addition to its treasury expansion, Vaultz Capital is now taking steps into Bitcoin mining. The company has secured 20 petahashes per second (PH/s) of hashrate capacity, equivalent to around 200 cloud-based mining units. Related: BlackRock Bu… The post UK-listed Vaultz Capital Buys 20 More Bitcoin, Joins Institutional Race to Hold and Mine BTC appeared first on Coin Edition .

Source: Coin Edition