Raytheon awarded $71 million in Navy contracts for missile systems
LONDON - Coinsilium Group Limited (AQSE:COIN | OTCQB: CINGF) has purchased an additional 10.2146 bitcoin at an average price of £78,319.27 (approximately $105,690.46) per bitcoin, according to a company statement released Friday.
The latest £800,000 acquisition brings the total bitcoin holdings of Forza Gibraltar Limited, Coinsilium’s wholly owned subsidiary established for bitcoin treasury operations, to 43.1077 bitcoin.
The company’s bitcoin holdings are currently valued at approximately £3.38 million ($4.57 million), with an aggregate average purchase price of £79,141.47 ($106,794.80) per bitcoin.
Coinsilium, which describes itself as an investor, advisor and venture builder in the Web3 space, launched Forza Gibraltar Limited in 2025 specifically to focus on accumulating and holding bitcoin.
The company noted in its statement that all bitcoin purchases are being conducted in accordance with its Bitcoin Treasury Policy.
Coinsilium became the first blockchain company to IPO in 2015, with its shares currently traded on the AQSE Growth Market in London under the ticker "COIN" and on the OTCQB Venture Market in the United States under "CINGF."
The company’s announcement included cautionary statements regarding the risks associated with bitcoin investments, noting that digital assets are considered high-risk by the UK’s Financial Conduct Authority and subject to extreme price volatility.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.