Coinsilium Group Limited Reports on Bitcoin Treasury Updates

Coinsilium Group Limited, through its subsidiary Forza Gibraltar Limited, has announced an update on its Bitcoin treasury activities. The company acquired 10.2146 Bitcoins at an average price of £78,319.27 per Bitcoin, totaling £800,000. This purchase brings Forza's total Bitcoin holdings to 43.1077.

The aggregate average purchase price for these holdings stands at £79,141.47 per Bitcoin, with a total valuation of £3,384,998.52. These acquisitions are guided by Coinsilium's Bitcoin Treasury Policy.

While the Board recognizes Bitcoin as a long-term reserve asset, they also acknowledge the associated risks, including volatility, lack of regulation, and liquidity concerns. Coinsilium advises potential investors to thoroughly assess these risks before investing.