Opyl Limited, an Australian artificial intelligence biotech company, announced the adoption of a bitcoin financial strategy. Opyl purchased about 2 bitcoins through the ASX-listed DigitalX Bitcoin ETF, valued at about $214,500. Although the amount is negligible compared to other companies using the same strategy, the company said the move strengthened its "financial diversification" and reflected its commitment to "align with shareholder value creation".
The acquisition was backed by non-dilutive financing from non-executive director Antanas "Tony G" Guoga, who is also chairperson of blockchain firm SOL Strategies. The loan is up to $1.30 million at an interest rate of 6.5% and is secured by the company's bitcoin holdings.
Opyl Limited Acquires About $210,000 BTC, Announces Adoption of Bitcoin Financial Strategy
2025-06-26 05:44:00
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