UK-based Coinsilium Group (Coin: AQSE), which became the first blockchain company for IPO in 2015, has announced an increase of £ 1.25 million as it appears to establish its Bitcoin BTC$103,737.28 Treasury Initiative.
The mound came along with a record high in the trading volume of Coinsilium Group shares, with 14 million shares changing hands on Friday. Shares are currently traded to £ 0.04 after rising by 24% over the last 24 hours.
The company is recommended by Coindesk analyst James Van Straten, who told Coindesk that it was “nice to see record trafficking volumes as Coinsilium announces a Bitcoin Treasury.”
He added: “I remain focused on helping educate the UK market on Bitcoin and help Britain become a leader in this space.”
The move to create a Bitcoin Treasury follows in the footsteps of several other companies, including strategy (formerly MicroStratey) and Metaplanet, where the US government also outlines plans to store BTC in March.
Disclaimer: James van Straten is a Coindesk employee who owns Coinsilium Group and Mstr shares.
