Coinsilium Group Limited, a UK-based Web3 investor and advisory firm that became the first blockchain company to IPO in 2015, has successfully raised £1.25 million ($1.66 million) to implement its Bitcoin treasury strategy.
The funding was secured through an oversubscribed placing of 41,666,657 new ordinary shares priced at 3 pence per share. The company plans to use the proceeds to further develop Forza (Gibraltar) Limited, its wholly-owned subsidiary dedicated to Bitcoin treasury activities.
“I am delighted to announce this Placing today,” said Malcolm Palle, Executive Chairman of Coinsilium. “We have been very pleased by the response to the Company’s Forza! Initiative and these funds will allow us to advance the implementation of our Bitcoin Treasury Strategy.”
JUST IN: 🇬🇧 UK public company Coinsilium Group raises £1.25 million to adopt a #Bitcoin treasury strategy 💥 pic.twitter.com/vhVxNi42t1
— Bitcoin Magazine (@BitcoinMagazine) May 15, 2025
Retail Investor Opportunity
In addition to the institutional fundraising, Coinsilium is extending the opportunity to retail investors through a £250,000 (approximately $332,000) offering via the Winterflood Retail Access Platform (WRAP). This retail offer will be available under the same terms as the main placing.
Board member James Van Straten emphasized the company’s focus, stating: “Coinsilium has raised £1.25 million to kick start its Bitcoin treasury strategy. A WRAP retail offering of £250,000 is on offer to provide retail investors the opportunity to participate. We are laser focused on our bitcoin treasury strategy.”
Coinsilium Group Limited (AQSE: $COIN – OTCQB: $CINGF) is pleased to announce the opening of a retail offer via the Winterflood Retail Access Platform (“WRAP Retail Offer”) to raise up to £250,000 through the issue of up to a maximum of 8,333,333 new ordinary shares of no-par… pic.twitter.com/9gy0Q5HnoP
— Coinsilium (@CoinsiliumGroup) May 15, 2025
Strategic Growth and Appointments
The company has also announced the appointment of Oak Securities as a Joint Broker, which Palle described as “a cornerstone in this Placing.” This strategic move aims to strengthen Coinsilium’s market positioning and investor outreach as it scales its Bitcoin treasury initiative.
Also Read: JPMorgan Forecasts Bitcoin to Outperform Gold in Second Half of 2025
The net proceeds will be deployed to further the development of Forza (Gibraltar) Limited, fund additional investments, and provide general working capital. The placing is conditional on the admission of the new Ordinary Shares to trading on the Aquis Growth Market, expected to take place on May 22, 2025.
Corporate Development and Share Structure
As part of its corporate development, Coinsilium has also issued 6,560,000 Ordinary Shares in lieu of cash for payment totaling £196,800 for business support, marketing, and communications services. Following these transactions, the company will have 274,782,557 Ordinary Shares in issue, each carrying one voting right.
Growing Trend of Bitcoin Treasury Strategies
Coinsilium’s initiative adds to the growing trend of corporate entities adopting Bitcoin for treasury strategies. This movement has expanded to include other cryptocurrencies, with several institutions developing crypto strategies around Ethereum and Solana.
Strategy, led by Michael Saylor, remains the largest publicly-listed company in terms of Bitcoin holdings. After recently acquiring an additional 13,390 BTC for approximately $1.34 billion, the company now holds 568,840 BTC. Saylor’s Bitcoin investment is currently valued at $39.41 billion, with acquisitions made at an average purchase price of $69,287 per bitcoin.
As Bitcoin continues to gain institutional acceptance, Coinsilium’s move represents another step in the mainstream adoption of cryptocurrency as a treasury asset for public companies.
Want real-time updates on Bitcoin, Ethereum, and blockchain trends? Crypto News Today delivers breaking crypto news, expert insights, and price movements to keep you informed.
