Bitcoin investor consortium seeks to acquire Thai-listed company 'DV8'… "Introducing strategy strategy"
Summary
- A consortium formed by Bitcoin investors has announced that it is pursuing the acquisition of the Thai-listed company DV8.
- The consortium stated its plans to introduce a 'strategy strategy' by incorporating Bitcoin into DV8's balance sheet.
- If more than 75% of DV8 shares are secured, a Bitcoin-centric strategy is expected to be implemented in the financial structure under the leadership of the consortium.
A consortium composed of Bitcoin (BTC) investors has initiated an acquisition of DV8, a company listed on the Thai stock exchange. The consortium plans to actively introduce the so-called 'strategy strategy,' which involves incorporating Bitcoin into the company's balance sheet.
According to Decrypt on the 3rd (local time), the consortium is currently pursuing a Voluntary Tender Offer to secure more than 75% of DV8's shares. DV8 is a retail company headquartered in Bangkok, Thailand. Once the acquisition is completed, it is expected that a Bitcoin-centric strategy will be implemented throughout DV8's financial structure under the consortium's leadership.
UTXO Management, Sora Ventures, and Cliff Capital are participating in the consortium, and Simon Gerovich, CEO of Metaplanet, has also joined as an individual investor.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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