Coinsilium Group Advances with Shareholder Resolution

Coinsilium Group Limited has announced the successful passage of a key resolution at its recent General Meeting. This resolution grants the Board authority to issue new shares, both for cash and non-cash consideration, up to an aggregate of 600 million shares. This step is designed to enhance the company's flexibility and scale, aligning with its strategic goals.

The Chairman's statement highlights a pivotal development for Coinsilium, notably its ability to pursue larger initiatives in the maturing digital asset market. Coinsilium plans to expand the operations of Forza!, its Bitcoin treasury subsidiary based in Gibraltar.

The company has already bolstered this subsidiary through successful fundraising, amassing £11.62 million and increasing its Bitcoin holdings to 88.67 BTC. This proactive approach positions Coinsilium to accelerate its Bitcoin acquisition and adapt to institutional opportunities. This flexibility promises future growth, supported by robust governance and a history in digital assets.