Vinanz Limited, a Bitcoin-focused company listed on the London Stock Exchange’s Main Market (LON:LSEG), has secured a $4 million investment to expand its Bitcoin operations and pursue a potential NASDAQ dual listing, according to a May 14, 2025, announcement.
The funding aims to strengthen Vinanz’s position in the cryptocurrency sector and is facilitated by U.S. investment bank Dominari Securities, with backing from a global investment manager.
As per a public reporting, the investment is structured in two parts: an initial $2 million tranche, already received, will be used to grow Vinanz’s Bitcoin assets, with an additional $2 million available if certain conditions are met.
The funds carry a 5% annual interest rate and a 12-month repayment term from each drawdown date. The agreement allows the investor to convert debt into Vinanz shares at either 25 pence per share or 95% of the lowest daily VWAP over the prior 10 trading days, but conversions are restricted within 90 days unless the share price is 25 pence, and the investor cannot hold more than 4.99% of Vinanz’s shares at any time.
Vinanz Chairman David Lenigas praised the timely funding, emphasizing its role in expanding Bitcoin holdings as the company prepares for a possible NASDAQ listing, which could attract institutional investors.
Vinanz, already trading under ticker “BTC.L” on London Stock Exchange and “VINZF” on the U.S. OTCQB while operating Bitcoin mining facilities in Indiana, Iowa, Nebraska, Texas, and Labrador, Canada. The company’s strategy includes building a robust Bitcoin portfolio through mining and acquiring regulated Bitcoin ETFs.
This move comes amid a booming crypto market, though rising valuations in 2024 have made some investors cautious. Vinanz’s funding underscores its ambition to capitalize on Bitcoin’s growing credibility as a global store of value, positioning it for significant growth.
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