Vinanz Limited (LON:BTC) today announced the purchase of an additional 37.72 bitcoin as part of its growing bitcoin treasury strategy.

This purchase was completed via Vinanz’s newly established institutional custody account with Fidelity Digital Assets, where Vinanz has recently been formally onboarded as an institutional client.

• Number of bitcoin purchased for treasury this event: 37.72
• Average purchase price per bitcoin this transaction: US$102,056
• Amount purchased: US$3,850,000
• Number of bitcoin now held in Treasury: 58.68
• Average purchase price across all bitcoin held: US$97,491

Hewie Rattray, CEO of Vinanz, commented:

“We are continuing to execute on our vision of building the most transparent, publicly traded bitcoin treasury company in the UK. With this latest purchase, and our onboarding with Fidelity Digital Assets, we are reinforcing both our conviction in bitcoin and our commitment to institutional-grade custody, governance, and access for investors seeking listed exposure to BTC. We look forward to updating the market later this week as we deploy additional capital from the direct subscription tranche of the fundraise into Bitcoin assets.”