- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Volcon, a US-listed company, plans to raise $500 million, 95% of which will be used to purchase Bitcoin
By: odaily.com|2025/07/17 21:31:44
0
Share
Odaily News Volcon (NASDAQ: VLCN), a US-listed electric vehicle company, announced a private placement financing of more than $500 million, and plans to use at least 95% of the funds to purchase Bitcoin as the companys main reserve asset. The financing was led by Empery Asset Management, and participated by well-known crypto venture capital institutions such as FalcolnX, Pantera, and Borderless.
John Kim, co-CEO of Volcon, said that holding Bitcoin is a strategic move to protect shareholder value in an era of accelerated currency depreciation. The transaction is expected to be completed on July 21. (Businessinsider)
You may also like
More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto
This is not just a disdain for financial nihilism, but also a migration of talent, capital, and attention that is currently happening.
JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?
Wall Street giants adjust gold price expectations, Matrixdock proposes the concept of Reserve Layer: tokenized gold XAUm, with its institutional-grade compliance structure, is evolving into the underlying reserve asset of on-chain finance.
dFans: OnlyFans of the AI Era
As the industrialization capability of AI video matures, the "industrialization singularity" of AI content creation has arrived. Tools like OpenAI, Google Veo, and Runway have achieved controllable creation, significantly lowering the barriers to content production. AI content creators are emerging ...
Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain
TRON Industry Weekly Report
From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets
Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.
How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival
Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.
Key Market Information Discrepancy on March 2nd - A Must-See! | Alpha Morning Report
1. Top News: Last Night's US-Iran Situation Recap, Iranian High-ranking Officials Killed, Over 200 Ships Stranded in the Strait of Hormuz
2. Token Unlock: $ENA
Iran Missile Strike in Dubai: Three Chinese Nationals Tell Their Story 48 Hours Later
The sound is still in the distance, so the days can still go on.
72 Minutes Before Attack, Six Mysterious Accounts Raked in $1.2 Million
These accounts were all registered in February, with most of them making their first deposit within 24 hours before the attack, and they have no other transaction history. Their behavior closely resembles insider trading.
How to Preserve Life and Wealth in Turbulent Times | Bill It Up Memo
In times of chaos, only through diversified allocation and keen observation can one preserve wealth and life in the face of great changes.
I have given up using OpenClaw
Instead of struggling with expensive and unstable AI assistants, it's better to use Claude to create a more stable, cost-effective, and understanding personal system.
WLFI is involved in insider dealings again? The banking license controversy under a $500 million investment
The UAE's investment in World Liberty Financial has intensified concerns about whether it receives special treatment and whether it involves national security issues.
Morning News | Iranian Supreme Leader Khamenei Assassinated; Kalshi to Refund Fees for "Will Khamenei Step Down" Related Market; Bitcoin Spot ETF Sees Net Inflow of $787 Million This Week
Overview of Important Market Events on March 1
The harvesting tactics of the quantitative giant Jane Street
Quantitative giant Jane Street has been accused of manipulating the liquidity and derivatives of markets such as the Indian stock market and Bitcoin, earning billions of dollars in the process.
Cryptocurrency ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $787 million; the net inflow for Ethereum spot ETFs in the U.S. was $80.2 million
Top universities like Harvard have started to allocate to Bitcoin ETFs in their endowment funds.
WLFI at it Again? Banking License Controversy Amid $500M Investment
The UAE's investment in World Liberty Financial has heightened concerns over whether it received special treatment and whether national security issues are involved
The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?
Wall Street asset management giant Apollo Global Management invested $160 million in Morpho.
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto
This is not just a disdain for financial nihilism, but also a migration of talent, capital, and attention that is currently happening.
JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?
Wall Street giants adjust gold price expectations, Matrixdock proposes the concept of Reserve Layer: tokenized gold XAUm, with its institutional-grade compliance structure, is evolving into the underlying reserve asset of on-chain finance.
dFans: OnlyFans of the AI Era
As the industrialization capability of AI video matures, the "industrialization singularity" of AI content creation has arrived. Tools like OpenAI, Google Veo, and Runway have achieved controllable creation, significantly lowering the barriers to content production. AI content creators are emerging ...
Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain
TRON Industry Weekly Report
From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets
Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.
How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival
Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.
App