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GIBRALTAR - Coinsilium Group Limited (AQSE:COIN | OTCQB: CINGF), a digital asset investment company, announced Friday that shareholders approved a resolution granting the board authority to issue up to 600 million new ordinary shares for both cash and non-cash consideration without pre-emption rights.
The approval, secured at a General Meeting held earlier today, provides the company with enhanced flexibility to pursue larger-scale initiatives in the digital asset market, according to a company press release.
Since mid-May 2025, Coinsilium has raised £11.62 million through four funding rounds to support its Bitcoin treasury subsidiary, Forza!, which currently holds 88.67 Bitcoin. The company initially seeded Forza! with 5 Bitcoin in May and has since acquired an additional 83.7 Bitcoin through market purchases.
"This resolution also provides the flexibility required to respond to larger institutional interest, and pursue opportunities that support our objective of building a scalable and resilient Bitcoin treasury under the Forza! structure," said Malcolm Palle, Executive Chairman of Coinsilium.
The company noted that its shares have experienced increased market activity recently, with daily trading volumes reaching multi-million-pound levels.
Coinsilium, which has been operating in the digital asset sector since 2015, maintains a portfolio of strategic investments across blockchain, financial technology, and digital infrastructure companies. The firm launched Forza! in 2025 to manage its Bitcoin treasury strategy, with Bitcoin storage handled by third-party regulated custodians.
The company cautioned that digital assets like Bitcoin are subject to significant price volatility and various risks, including regulatory, liquidity, and security concerns.
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