Vinanz lifts Bitcoin holdings to 65 as crypto treasury strategy gathers pace
Published: 07:30 27 Jun 2025 BST
Vinanz Ltd (LSE:BTC, OTCQB:VINZF) has increased its holdings to just over 65 bitcoin following a new purchase this week.
The company acquired a further 5.85 bitcoin for roughly $631,000, paying an average price of $107,863 per coin.
This latest transaction forms part of Vinanz’s ongoing strategy to build a treasury of bitcoin alongside its mining operations in the United States and Canada.
The group now holds 65.03 bitcoin in total, at an average purchase price of just over $98,200. That compares with the current market price of around $106,000, worth around $7 million, putting the company’s holdings slightly in profit on paper.
CEO Hewie Rattray said: "We continue to steadily deploy capital raised into our Bitcoin treasury as an integral part of our growing Bitcoin business.
"Our goal remains simple: provide London Stock Exchange Main Board listed market access to a growing pool of directly held Bitcoin, with full transparency and audited custody."
Vinanz is one of a growing band of UK-listed companies taking direct exposure to bitcoin, combining a traditional buy-and-hold approach with active mining across North America.
Its dual strategy aims to benefit from both the long-term appreciation of bitcoin and the income generated from mining activities.
Bitcoin has risen sharply in recent months, driven by strong institutional demand and growing interest in cryptocurrency as an alternative asset.
