REG - Vinanz Limited - Bitcoin Purchase

VinanzAnnouncement

19/05/2025 07:00

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RNS Number : 1096J  Vinanz Limited  19 May 2025

19 May 2025

 

 

Vinanz Limited

("Vinanz" or "the Company")

 

Bitcoin Purchase

 

London, New York, May 19, 2025, Vinanz Limited (BTC:L and VINZF:US); the
London Stock Exchange Main Market-listed Bitcoin treasury company with active
mining operations across the United States and Canada, is pleased to announce
the purchase of 16.9 Bitcoins as part of its growing Bitcoin treasury
strategy.

 

Number of Bitcoins Purchased: 16.9

Average Purchase Price per Bitcoin: US$103,341 (including fees)

Total Amount of the Purchase: US$1,748,000

 

 

David Lenigas, Chairman of Vinanz, comments

 

"We are pleased to announce the completion of our first Bitcoin purchase.
Expanding our Bitcoin treasury is a natural and strategic choice for us. We
see Bitcoin as the future reserve asset for a digitally native financial
system. Growing our Bitcoin holding is fundamental to our core business values
and we intend to continue adding Bitcoin to our balance sheet.

 

The growing adoption of Bitcoin as a corporate treasury asset for a lot of big
companies represents a fundamental shift in global finance, with many
companies leveraging it as a hedge against inflation and a store of value.
Holding an ever-increasing amount of Bitcoin in our treasury makes sense, as a
significant proportion of our operating and capital costs are transacted in
Bitcoin, hence Bitcoin is our preferred currency.

 

We regard Bitcoin not just as an asset - but as a superior form of money.
Unlike fiat currencies, Bitcoin offers hard-coded scarcity, transparency, and
decentralisation."

 

The directors of Vinanz Limited accept responsibility for this announcement.

 

For further information please contact:

 

Vinanz Limited

David
Lenigas
david@vinanz.co.uk (mailto:david@vinanz.co.uk)

Jeremy
Edelman
                jeremy@vinanz.co.uk
(mailto:jeremy@vinanz.co.uk)

 

First Sentinel (Corporate Adviser)

Brian
Stockbridge
brian@first-sentinel.com (mailto:brian@first-sentinel.com)

 
+44 (0) 20 3855 5551

 

Clear Capital Markets (Broker)

Bob
Roberts
bobroberts@clear-cm.co.uk (mailto:bobroberts@clear-cm.co.uk)

 
+44 (0) 20 3869 6080

About Vinanz Limited

 

Vinanz's primary listing is in London (United Kingdom) on the London Stock
Exchange under the ticker "BTC.L" and trades in the USA on the US OTCQB under
the ticker "VINZF". Vinanz is building up a strategic Bitcoin holding through
acquiring Bitcoin as a treasury and currency management tool and by adding
Bitcoin through its own Bitcoin mining operations in North America.  The
Company currently has miners installed in multiple third-party hosting
facilities in Indiana, Iowa, Nebraska and Texas in the USA and in Labrador
(Canada).

 

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

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