3rd Jul 2025 12:41
(Alliance News) - Coinsilium Group Ltd on Thursday said it raised GBP2.8 million from a share placing with institutional investors via an accelerated bookbuild.
Shares in Coinsilium, listed on the Aquis Stock Exchange, were down 7.1% to 19.50 pence on Thursday afternoon in London. The company has a market capitalisation of GBP72.5 million.
The Gibraltar-based blockchain investment firm said the placing was conducted via Peterhouse Capital Ltd, SI Capital Ltd, and Oak Securities. It issued 15.5 million new shares at 18 pence each, a 10% discount to Wednesday's close.
In launching the equity offer on Wednesday, Coinsilium said the money will be used for "Forza!", the company's Gibraltar-registered bitcoin treasury strategy subsidiary.
By Eva Castanedo, Alliance News reporter
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