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Helium Ventures raised approximately £4 million and plans to purchase Bitcoin.
PANews reported on June 20 that London-listed Helium Ventures PLC announced the successful completion of an oversubscribed placement, raising approximately £4 million by placing 9,302,326 new shares at an issue price of 43 pence per share. The placed shares are expected to be listed on the AQSE Growth Market on June 26, 2025, after which the company’s total share capital will increase to 116,552,976 shares. The company also plans to hold its treasury reserves and remaining cash in Bitcoin and reminds investors to follow the associated risks.