VCI Global, a US-listed company, plans to raise $51 million through a rights offering to build a Bitcoin treasury.

According to Odaily Planet Daily, Nasdaq-listed company VCI Global announced it will raise $51 million through a convertible note rights offering to establish a Bitcoin treasury. It plans to allocate $20 million to purchase Bitcoin, aiming to enhance fund diversification and long-term capital resilience. (Globenewswire)