UK-listed Coinsilium has received shareholder approval to issue up to 600 million new shares, enhancing its ability to expand its Bitcoin funding strategy through its Forza subsidiary.
Since May, the company has raised £11.62 million and increased its $BTC holdings from 5 $BTC to 88.67 BTC. With this new flexibility, Coinsilium aims to accelerate acquisitions, collaborations and financial growth in line with institutional interests. [Odaily Planet Daily]