Vinanz raises £3.579m via retail offer to bolster Bitcoin treasury and drive growth
() , an LSE Main Market-listed Bitcoin treasury company, confirmed the results of its recently announced WRAP retail offer aiming to raise £1.0m at 13.75p. Vinanz said it successfully raised aggregate gross proceeds of c. £3.029m, and will issue c. 22 million new shares at the set issue price.
Additionally, Vinanz said it received firm direct subscriptions for a placing totalling £550k gross at the same issue price of 13.75p for c. 4 million new shares, lifting the total proceeds from the fundraise to £3.579m.
Hewie Rattray, CEO of Vinanz, commenting: "We're grateful for the strong support shown by both existing and new investors in this WRAP Retail Offer. Upon settlement, we intend to immediately deploy the net proceeds into Bitcoin purchases to strengthen our overall treasury position as a key tool in managing our treasury of as we continue to grow our business. This raise reflects growing interest in our LSE-listed Bitcoin strategy and helps accelerate our goal of becoming a leading UK main board listed Bitcoin company."
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Vinanz, soon to be renamed the London BTC Company, has successfully raised £3.579m at 13.75p (current share price 15.25p) via WRAP retail offer and firm direct subscription, blowing far past its original target of £1.0m. The stellar result reflects strong support from retail investors on the LSE Main Market seeking to diversify their Bitcoin exposure.
The successful offer represents a record WRAP for the sector, surpassing previous milestones such as SWC's €2.3m offer. The success can be partly attributed to Vinanz's LSE Main Market listing, where it sports iconic ticker BTC, giving it access to a significantly larger capital pool and wider array of fundraising structures than Aquis where most of its competitors are listed. Vinanz is also actively pursuing a NASDAQ listing to expand its reach further.
Vinanz will shortly invest the proceeds into Bitcoin to grow its treasury position. The £3.579m from the retail offer complements the US$4m in bridge funding secured from a global investment manager in May, 2025. The first US$2m tranche of that funding was used to purchase Vinanz's maiden 16.9 BTC. For those seeking exposure to Bitcoin, adding Vinanz alongside your BTC/BTC ETF holdings will boost your leverage and give you access to a dynamic LSE MM-listed BTC treasure company that is aggressively raising money and growing its BTC position.
Vinanz is targeting substantial market cap growth through direct purchase of BTC, as well as through its substantial mining operations in North America. While the company is now focused on purchase of BTC, it is maintaining an impressive fleet of 700 mining machines in North America, giving it cheaper and more efficient access to Bitcoin. The recently announced rebrand to "London BTC Company" is a good move in our view, as it effectively conveys the purpose of the company to investors.
Since the WRAP offer announcement on June 12, 2025, Vinanz's share price has jumped to 15.25p, delivering an immediate uplift in value for retail investors who participated at the offer price of 13.75p. If Vinanz continues on its current trajectory, we see significant upside in the next 12-24 months.
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