Volcon purchased 280.14 Bitcoin for the first time and completed more than $500 million in private equity financing to purchase Bitcoin

According to Foresight News, Volcon, a listed electric vehicle company in the United States, purchased 280.14 Bitcoin for the first time and has completed a private equity financing of more than US$500 million. It plans to use more than 95% of the total raised funds for private placement to purchase Bitcoin. This private placement has participated in institutions including FalconX, Pantera, Borderless and Relayer Capital. In the coming weeks, Volcon plans to change the company name to Emperor Digital, Inc. and the stock code to EMPD.
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