💥 ReserveOne Inc has just announced a plan to launch a digital asset fund worth 1 billion USD, with Bitcoin as the primary anchor asset.
📈 The company will go public through a SPAC merger with M3-Brigade. The deal is expected to raise 1.05 billion USD, including:
298 million USD from the SPAC fund (if not withdrawn)
750 million USD from private investment (PIPE): including 500 million USD in equity and 250 million USD in convertible bonds
🔗 A significant step towards building the "digital treasury" of the future, focused on Bitcoin.