Valereum joins UK firms adopting BTC treasuries with £500,000 raise
Main Idea
Valereum Plc, a UK fintech company, is raising £500,000 to build a Bitcoin treasury reserve, joining other UK firms in adopting BTC on their balance sheets, though its shares dipped 4.35% post-announcement.
Key Points
1. Valereum is raising £500,000 through a share issuance, with £400,000 from a firm subscription and £100,000 from a retail offer.
2. The company plans to use the funds to expand its balance sheet and pursue innovation in tokenization.
3. Valereum's share price fell 4.35% on the day of the announcement, despite previous gains.
4. The company joins other UK firms like Smarter Web Company and Vaultz Capital in adopting Bitcoin reserves.
5. The fundraising involves issuing 16.12 million ordinary shares at the mid-market price from 31 July 2025.
Description
Valereum Plc, a fintech company based in the UK, has set its sights on building a Bitcoin treasury reserve by raising £500,000 through a share issuance. The fundraising move, announced on 1 August , comes as the firm looks to strengthen its position in real-world asset tokenisation and prepare for new market opportunities in digital assets. While the initiative places Valereum in line with other UK firms embracing Bitcoin on their balance sheets, the company’s shares slipped 4.35% on the day of ...
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