20th Jun 2025 13:25
Helium Ventures PLC - special purpose acquisition vehicle reclassifying as operating company focused on bitcoin network infrastructure to be called VaultZ Capital PLC - Raises GBP4 million from the sale of 9.3 million new shares at 43 pence each. This is double its target announced on Thursday of GBP2 million. The share placing is run by Global Investment Strategy UK Ltd as bookrunner and broker. The funds will be used to execute the company's new bitcoin treasury strategy. It aims to become "a leading corporate holder of bitcoin", while also "acquiring exposure to bitcoin hashrate via bitcoin cloud mining".
Current stock price: 40.25p on Aquis Exchange in London on Friday
12-month change: up from 4.25p
By Tom Waite, Alliance News editor
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