DelphX Capital Markets Inc., a publicly traded fintech company in Canada, has announced progress on its previously declared Bitcoin treasury strategy. The company plans to allocate approximately $50 million as initial funding to acquire Bitcoin in monthly installments. DelphX is also in discussions with a major global digital asset lending institution to secure senior secured loan financing. Additionally, the company intends to issue around $18 million in convertible bonds to support this strategy.
DelphX Capital Markets Advances $50M Bitcoin Treasury Strategy
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