Thai-listed RSXYZ raises $5.8 million to purchase Bitcoin

Source
Son Min

Summary

  • Thailand-listed company RSXYZ PCL officially announced a Bitcoin (BTC) accumulation plan.
  • They stated that $5.8 million will be raised through a third-party share allotment, and 90% of the funds will be used for Bitcoin accumulation.
  • RSXYZ aims to hold 3,333 BTC within three years and become a leading Bitcoin holding company in Thailand.

Thailand-listed company RSXYZ PCL has announced a plan to accumulate Bitcoin (BTC).

On the 26th (local time), RSXYZ stated on its official website, “We plan to raise $5.8 million through a third-party share allotment,” and “90% of the funds raised will be used for Bitcoin accumulation.” The remaining 10% will be allocated to Bitcoin and Web3-related businesses.

Additionally, a Bitcoin accumulation target was presented. RSXYZ said, “Our goal is to hold 3,333 BTC within three years,” and “We aim to become a leading Bitcoin holding company in Thailand.”

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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