Helium Ventures Secures Funding to Launch Bitcoin Strategy

According to Foresight News, London-listed Helium Ventures has successfully completed an oversubscribed placement, issuing 9,302,326 placing shares to raise approximately $5.39 million. The shares were issued at a price of 43 pence each to expedite the company's Bitcoin financial strategy. Despite the Financial Conduct Authority's (FCA) assessment of Bitcoin investments as high-risk, the board of Helium Ventures considers Bitcoin a suitable method for value storage and growth.