21st Jul 2025 17:35
Vaultz Capital PLC - operating company aiming to build a scalable, revenue-generating business through participation in bitcoin network infrastructure - Announces a further purchase of 20 bitcoin at an average price of GBP88,981 per bitcoin for GBP1.8 million in total. Says its treasury currently holds 70 bitcoin in total, at an average purchase price of GBP82,653 each.
Also, Vaultz confirms that it has successfully secured 20 peta hash per second of hashrate capacity, equivalent to approximately 200 mining units, having been engaged in discussions with key suppliers to secure access to cloud-based hashrate. Says it "has now begun contributing to the Bitcoin network's security and decentralisation".
Chief Executive Officer Alex Appleton says: "We're delighted to have secured access to hashrate to support the Bitcoin network. At the same time, we've strengthened our Treasury position with additional Bitcoin, reinforcing our conviction in building a robust balance sheet anchored by one of the world's hardest assets."
Current stock price: 10.00 pence, up 8.1%
12-month change: more than doubled from 3.75p
By Emma Curzon, Alliance News reporter
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