Volcon Doubles Down on Bitcoin at ATHs, Trims Float to Signal Conviction
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7 Articles
Bold Move: Volcon Reveals Strategic Bitcoin Holdings Of $375 Million
BitcoinWorld Bold Move: Volcon Reveals Strategic Bitcoin Holdings of $375 Million In a move that has sent ripples across both the automotive and cryptocurrency sectors, Volcon, an innovative all-electric outdoor powersports vehicle manufacturer, recently announced a significant and strategic decision regarding its treasury assets. This isn’t just about a company holding cash; it’s about a pioneering firm embracing the future of finance by integr…
Volcon doubles down on Bitcoin at ATHs, trims float to signal conviction
Volcon’s $375 million Bitcoin stash comes with an unusual twist: it was purchased near peak prices. But instead of hedging, the firm’s leaning in, tightening equity and writing puts to increase exposure as it goes full Bitcoin on the balance…
Institutions Keep Stacking Bitcoin (BTC) as Price Dips Below $115K
Volcon and Refine Group AB Buy the Dip as BTC Supply on Exchanges Hits Multi-Year Low Bitcoin dipped under $115,000, and institutions didn’t blink. Instead, they bought more. As BTC traded between $114,000 and $119,000, a fresh wave of corporate accumulation kicked in. Trading volume surged 40% in 24 hours. Buyers saw opportunity. They acted. At the time of writing, Bitcoin trades at $116,200, with a market cap of $2.46 trillion and 24-hour volu…
LATEST: Electric Vehicle Maker Volcon Acquires 3,183 Bitcoin For $375M Investment
Volcon Inc. (NASDAQ: VLCN) announced it now holds 3,183.37 Bitcoin, purchased for approximately $375 million, averaging $117,697 per BTC. The company is also selling short-term put contracts, potentially allowing it to acquire more Bitcoin at lower prices while collecting option premiums to offset costs. This move reflects Volcon’s strong belief in Bitcoin as a long-term store of value and supports its ongoing BTC accumulation strategy. Co-CEO R…
Volcon (VLCN) expanded its Bitcoin (BTC) treasury to 3,183 BTC and launched a $100 million share buyback program to support its shareholders. The NASDAQ-listed electric vehicle company… Electric Vehicle Giant Fills Its Treasury with Bitcoin: New...
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