At least 9 London Firms Explore Bitcoin Strategies in the Past Week, Vinanz Plans to Rebrand as London BTC Company

According to a report by Jinse Finance citing the Financial Times, several London-listed companies are turning to Bitcoin to boost their share prices. Over the past week, at least nine companies have announced that they have purchased or plan to purchase Bitcoin, including: 1. Tao Alpha plans to raise £100 million to launch a Bitcoin fund strategy; 2. Since Smarter Web Company announced its Bitcoin purchase plan in April, its market value has risen to over £1 billion; 3. Panther Metals has announced the launch of its Bitcoin strategy and has already purchased one Bitcoin, with a short-term goal of holding £4 million worth of Bitcoin; 4. Bluebird Mining Ventures has raised £2 million through debt financing to invest in Bitcoin and plans to raise an additional £10 million; 5. Vinanz currently holds $3.85 million worth of Bitcoin and is in the process of rebranding as the London BTC Company.