Vinanz (BTC.L) just pulled in $4 million to step up its Bitcoin hustle — and it’s not stopping there. The company, already listed in London and trading on the U.S. OTCQB as VINZF, is now setting its sights on a potential NASDAQ debut.
The deal was announced on May 14, 2025, with funding led by Dominari Securities and backed by a global investment heavyweight. Here’s the breakdown: the first $2M is already in, and it’s being used to level up Vinanz’s Bitcoin holdings. Another $2M could drop later if certain boxes get ticked.
This isn’t free money though. There’s 5% interest and a 12-month payback clock for each tranche. The investor can flip the debt into shares at 25p a pop or 95% of the lowest price in the past 10 days, but they can’t go over 4.99% ownership, and there’s a 90-day cooldown unless the stock hits that 25p mark.
Vinanz’s chairman, David Lenigas, says this funding hit at just the right time. With Bitcoin gaining more legit status globally, the company wants to stock up and look attractive for that NASDAQ leap — a move that could bring in the big institutional players.
The company already has mining ops spread across Indiana, Iowa, Nebraska, Texas, and Labrador, Canada, and they’re looking to scoop up regulated Bitcoin ETFs too. It’s all part of a bigger play to own a serious slice of the crypto pie.
Crypto may be booming, but 2024’s price hikes made some investors cautious. Still, Vinanz is clearly all-in, betting that Bitcoin’s staying power is just getting started.
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