【Volcon Purchases 280.14 BTC for the First Time and Completes Over $500 Million in Private Placement Financing for Bitcoin Acquisition】Golden Finance reports that the U.S. publicly listed electric vehicle company Volcon has purchased 280.14 BTC for the first time and completed over $500 million in private placement financing for the acquisition of Bitcoin. Previously reported on July 17, the electric vehicle company Volcon announced it would adopt a Bitcoin financial strategy and has reached a securities purchase agreement with certain institutions and accredited investors to privately purchase and sell 50,142,851 shares of common stock at a price of $10 per share, with expected total proceeds exceeding $500 million, net of placement agent fees and other issuance costs (private placement). Empery acted as the lead investor, and participants in this issuance include well-known crypto venture capital firms and infrastructure providers such as FalcolnX, Pantera, Borderless, RK Capital, and Relayer Capital, as well as traditional financial investors.

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