COINOTAG News, December 4, reports that the UK-listed firm Hamak Strategy has closed a £2.5 million financing round. Proceeds will strengthen its Bitcoin treasury strategy and fund African gold exploration, reinforcing its disciplined balance-sheet stance.
In July, the Hamak Gold unit completed its inaugural bitcoin purchase, acquiring 20 BTC to seed a diversified crypto position and support its digital asset exposure strategy.
On October 15, Hamak Strategy disclosed a further financing line of £35 million to back its investments in gold and bitcoin, reinforcing a dual-asset mandate for the group.
This sequence of fundraises and asset acquisitions underlines a strategic blend of precious metals and cryptocurrency assets, aimed at prudent risk management and credible institutional funding dynamics.
Source: https://en.coinotag.com/breakingnews/hamak-strategy-uk-listed-secures-2-5-million-financing-to-bolster-bitcoin-treasury-strategy-and-gold-exploration
