🚨 Week 34 - Bitcoin Treasury Strategy Updates 🚨

📅 Aug 18-24 saw 48 announcements - ~7.7k BTC 🔥

• 4 new treasuries launched with 41.14 BTC
• 16 future treasuries announcements, hundreds of millions worth
• 14 companies added 7,704.54 BTC
• 5 plans to buy more BTC
• 9 additional treasury-related disclosures

NEW TREASURIES

• 🇯🇵 Mac House started with 17.51 BTC
• 🇸🇪 Goobit Group (BTCX) started with 10.63 BTC
• 🇺🇸 BOXABL started with 10 BTC (Q2)
• 🇺🇸 The Crypto Company started with 3 BTC (and other crypto)

FUTURE NEW TREASURIES

• 🇳🇱 Amdax will launch AMBTS, a BTC treasury company targeting 210,000 BTC long-term
• 🇫🇷 AMTD IDEA/AMTD Digital/TGE will make BTC/ETH/USDT an essential part of their $240 million liquid funds
• 🇺🇸 BTC Development files S-1, plans to raise $227.6 million and start bitcoin treasury
• 🇯🇵 Lib Work Co will purchase 500 million yen ($3.4 million) of BTC
• 🇸🇪 Tangiamo Touch signs LOI for SEK 12M convertible loan + SEK 40M warrant facility - requires buying SEK 8M ($842k) Bitcoin reserve
• 🇺🇸 Reborn Coffee is reviewing a digital asset treasury including BTC
• 🇬🇧 TruSpine Technologies shareholders approve Bitcoin Treasury Policy
• 🇺🇸 Asset Entities will hold a Sept 9 shareholder vote on its merger with Strive, PIPE financing, and rebrand to Strive, Inc. with new Nasdaq-listed shares.
• 🇺🇸 ProPhase Labs filed its definitive proxy, Sept 9 vote will include proposals enabling its planned crypto treasury strategy including BTC
• 🇺🇸 Everything Blockchain plans to make the most diversified blockchain treasury, including BTC
• 🇨🇳 Antelope Enterprise Holdings signs Strategic Agreement with BitGo to Advance Bitcoin Strategy
• 🇬🇧 Buccaneer Energy is exploring using gas production for Bitcoin mining, appointing Appold to advise regarding a potential future Bitcoin strategy
• 🇬🇧 Mendell Helium's M3 unit to drill a low-cost methane well in Nebraska that could directly power Bitcoin mining, marking its pilot BTC energy project.
• 🇬🇧 ECR Minerals appoints Perry Hothi as a specialist consultant adviser to advance Bitcoin Strategy
• 🇨🇳 AirNet Technology appoints fintech/blockchain expert Raeez Lorgat as Strategic Advisor to help build its BTC/ETH treasury framework.
• 🇺🇸 Phoenix Plus Corp closed its merger with 🇺🇸 Rhino Digital, a Bitcoin financial services firm with a BTC treasury strategy

PURCHASES/ADDED

• 🇺🇸 KindlyMD/Nakamoto added 5,743.91 BTC (5,764.91 BTC)
• 🇯🇵 Metaplanet added 775 BTC (18,888 BTC)
• 🇺🇸 Strategy added 430 BTC (629,376 BTC)
• 🇺🇸 DDC Enterprise added 200 BTC (688 BTC)
• 🇯🇵 Convano added 200 BTC (364.93 BTC)
• 🇨🇳 Cango added 151.2 BTC (4,973.5 BTC)
• 🇸🇪 H100 Group added 102.19 BTC (911.29 BTC)
• 🇸🇬 Bitdeer Technologies Group added 54 BTC (1,818.2 BTC)
• 🇩🇪 3U Holding added 32 BTC (363 BTC)
• 🇯🇵 ANAP added 6.26 BTC (1,006.31 BTC)
• 🇯🇵 Quantum Solutions added 5.23 BTC (14.19 BTC)
• 🇨🇦 Spetz Inc added 3.75 BTC (3.75 BTC - Q2 estimate)
• 🇯🇵 Agile Media Network added 0.57 BTC (4.1 BTC)
• 🇨🇦 LEEF Brands added 0.43 BTC (4.4 BTC)

FUTURE PURCHASES

• 🇭🇰 Ming Shing Group entered a Bitcoin Purchase Agreement for 4,250 BTC
• 🇺🇸 LM Funding America raises $23 million to buy BTC
• 🇸🇪 B Treasury Capital AB to raise up to 209M SEK ($21.9 million) to buy BTC
• 🇨🇦 Planet Ventures raised C$6.4m ($4.63 million) to buy BTC
• 🇫🇷 Capital B raised €2.2 million ($2.6 million) to buy BTC

ADDITIONAL ANNOUNCEMENTS

• 🇯🇵 Metaplanet included in FTSE Japan Index
• 🇬🇧 The Smarter Web Company appoints Jesse Myers in a full-time role as Head of Bitcoin Strategy.
• 🇯🇵 Convano plans to list on 🇺🇸 OTCQX
• 🇭🇰 Top Win International renames to 🇭🇰 AsiaStrategy, accepting BTC for luxury watches
• 🇬🇧 Bluebird Mining appoints Denis Rusinovich as VP of Finance and Operations, who has been active in the Bitcoin ecosystem since 2017.
• 🇬🇧 VaultZ Capital appoints James Bowater as Global Head of Partnerships of the Company to advance Bitcoin mining and Treasury activities.
• 🇺🇸 Empery Digital secures $25 million Credit Facility to fund share repurchases
• 🇫🇷 Capital B appoints Romaric Tenant as Bitcoin Strategy Analyst and Florence Humblet as Legal Operations Manager
• 🇺🇸 Nakamoto appoints Kevin Zhang as Head of Asia

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For those who might not know, big institutions like Strategy and Blackrock buy their bitcoin 'over the counter' (OTC desks). Large trades such as these are NOT done on exchanges, and hence it doesn't affect the price. For eg, we recently heard about the $9 billion sale of BTC without really moving the price on the exchanges at all.

Experts can correct me if I'm wrong, but my understanding of how this works is as follows: these OTC desks connect large whales (buyers and sellers) and execute the trade using the price on the exchanges at the time of the trade. For eg if the price on the exchange is $120k, the OTC trade will be carried out at this price without really affecting the price on the exchanges at all.

Now the question is, what happens when the OTC supply runs out, i.e. When there are no sellers left (at the current price). The balance on OTC desks has dropped sharply, about 75% from over 400,000 coins to just above 150,000 coins. Not all the coins on the exchanges are for sale. When the demand outstrips the supply, whales will have to buy on open exchanges. This will create a supply shock (what everyone has been talking about for years).

What will a supply shock look like? Well, there will be sudden increases in price, and with every new high (125k, 130k... 200k) we'll continue to see more and more sellers. The supply will never be zero, but the point is - the demand will be much much higher.

I'm curious to know if anyone here has done more research on this, and can add or correct anything that I've written. I believe any further insight will benefit the community.

🚨 Week 33 - Bitcoin Treasury Strategy Updates 🚨

📅 Aug 11-17 saw 62 announcements - ~3.9k BTC

• 2 new treasuries, including a cigarette company
• 10 future treasuries announcements, ~$105m worth
• 29 companies added 3,859.5 BTC
• 12 plans to buy more BTC, $219m+ raised
• 10 additional treasury-related disclosures

NEW TREASURIES

• 🇺🇸 LiveOne started with a "multimillion-dollar position" in BTC (17-80 BTC)
• 🇨🇦 Harrys, a cigarette company, started with 0.15 BTC

FUTURE NEW TREASURIES

• 🇲🇾 VCI Global Limited to raise up to $51m, $20 million to be used to buy BTC
• 🇭🇰 Top Win International raised $10 million to buy BTC
• 🇮🇱 Jeffs' Brands raised $4.5 million out of $90m private placements ($75m to be used for crypto)
• 🇭🇰 Mango Financial launches Digital Currency Strategy, initially focused on BTC - to be merged by Cayson
• 🇬🇧 Amazing AI aims to be able to initiate bitcoin purchases before the end of August 2025
• 🇺🇸 LIXTE Biotechnology Holdings allow up to 25% allocation to Bitcoin and other crypto
• 🇭🇰 707 Cayman signs MOU to build crypto treasury reserve
• 🇺🇸 Two Hands Corporation launched its Digital Asset Treasury and Trading Desk
• 🇺🇸 Farmhouse, Inc. management is evaluating potential BTC treasury
• 🇺🇸 IGC Pharma, Inc evaluating bitcoin treasury strategy

PURCHASES/ADDED

• 🇺🇸 American Bitcoin added 1,726 BTC (1,941 BTC)
• 🇯🇵 Metaplanet added 518 BTC (18,113 BTC)
• 🇬🇧 The Smarter Web Company added 295 BTC (2,395 BTC)
• 🇨🇦 Bitfarms added 236 BTC (1,402 BTC - Q2)1
• 🇺🇸 Strategy added 155 BTC (628,956 BTC)
• 🇨🇳 Cango added 143.5 BTC (4,822.3 BTC)
• 🇫🇷 Capital B added 126 BTC (2,201 BTC)
• 🇺🇸 DDC Enterprise added 120 BTC (488 BTC)
• 🇨🇳 Linekong Interactive Group added 91.17 BTC (193.08 BTC)
• 🇯🇵 ANAP added 86.6 BTC (1,000 BTC)
• 🇯🇵 Remixpoint added 63.32 BTC (1,231.6 BTC)
• 🇰🇷 Bitmax added 51.11 BTC (551.23 BTC)
• 🇺🇸 Empery Digital added 50.9 BTC (4,051.9 BTC)
• 🇸🇬 Bitdeer Technologies Group added 46.1 BTC (1,764.2 BTC)
• 🇸🇪 H100 Group added 45.8 BTC (809.1 BTC)
• 🇸🇪 B Treasury Capital added 21 BTC (187 BTC)
• 🇺🇸 Digi Power X added 19 BTC (80 BTC)
• 🇬🇧 Vaultz Capital added 17.15 BTC (135 BTC)
• 🇫🇷 Sequans added 13 BTC (3,171 BTC)
• 🇪🇸 Vanadi Coffee added 10 BTC (95 BTC)
• 🇺🇸 Investview added 5.67 BTC (25.97 BTC - Q2)
• 🇨🇦 Matador added 5 BTC (77.4 BTC)
• 🇺🇸 OneMedNet added 5 BTC (15 BTC - Q2)
• 🇨🇦 AgriFORCE added 3.47 BTC (6.8 BTC - Q2)
• 🇸🇪 Fragbite Group added 2.5 BTC (9.5 BTC)
• 🇯🇵 Kitabo Co added 1.66 BTC (3.32 BTC)
• 🇫🇷 Boostheat added 1 BTC (3.45 BTC)
• 🇯🇵 Agile Media Network added 0.55 BTC (3.53 BTC)
• 🇨🇦 Canurta added 0.06 BTC (1.62 BTC - private)

FUTURE PURCHASES

• 🇺🇸 KindlyMD closes $200 million Convertible Note Offering
• 🇬🇧 The Smarter Web Company raised £7.6m ($10.3 million)
• 🇸🇪 B Treasury Capital to have up to 4*21 = 84 BTC in additional convertible loans
• 🇸🇪 H100 Group AB raised SEK 65.3 million ($6.8 million)
• 🇸🇪 Goobit Group raised SEK 5 million ($0.5 million) through convertible loan in BTC and 12.8m SEK ($1.34 million) via First-Round Share Allocation
• 🇳🇴 Norwegian Block Exchange raises 10.2m NOK ($1 million) via 4th put option
• 🇸🇪 B Treasury Capital raised 4m SEK ($420k)
• 🇨🇦 Digital Commodities to purchase C$50k ($36k) more BTC
• 🇫🇷 Sequans announces targets 100,000 BTC by 2030
• 🇸🇪 Goobit Group's BTCX targets 210 BTC
• 🇬🇧 EverGive targets $13m Bitcoin Reserve
• 🇸🇪 Fragbite Group targets 100 BTC by the end of 2025

ADDITIONAL ANNOUNCEMENTS

• 🇺🇸 Strategy announces legal name change from MicroStrategy Incorporated to Strategy Inc
• 🇨🇦 Belgravia Hartford appoints Tim Kotzman as Strategic Advisor
• 🇸🇪 H100 Group AB appoints Brian Brookshire as Head of Bitcoin Strategy
• 🇨🇦 Belgravia Hartford begins trading on the 🇺🇸 OTCQB market: $BLGVF
• 🇧🇷 Méliuz begins trading on the 🇺🇸 OTCQB market: $MLIZY
• 🇺🇸 Aditxt's bitXbio will have Crypto.com as the custodian
• 🇬🇧 Vaultz Capital PLC appoints Aleksander Nowak as Chief Operating Officer (COO) and Adam Vaziri to Bitcoin Advisory Board
• 🇬🇧 Satsuma appoints Jonathan Jachym to the board
• 🇺🇸 Know Labs renamed to 🇺🇸 USBC
• 🇸🇬 Genius Group Seeks Dual Listing in Asia

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🚨 Week 32 - Bitcoin Treasury Strategy Updates 🚨

📅 Aug 4-10 saw 53 announcements - ~5k BTC

• 6 new treasuries launched with 1,039.79 BTC
• 8 future treasuries announcements, ~$145m worth
• 24 companies added 3,923 BTC
• 7 plans to buy more BTC, many millions worth
• 8 additional treasury-related disclosures

NEW TREASURIES

• 🇺🇸 Know Labs started with 1,000 BTC
• 🇨🇾 Robin Energy started with $3 million in BTC (26 BTC estimate)
• 🇺🇸 Unitronix Corp started with 5.5 BTC
• 🇬🇧 Blue Star started with 4.64 BTC (50% ownership of SatoshiPay)
• 🇨🇦 FRNT Financial started with 3.14 BTC
• 🇺🇸 Medalist Diversified started with 0.51 BTC

FUTURE NEW TREASURIES

• 🇺🇸 Bitcoin Standard Treasury Company raises additional $65 million
• 🇺🇸 Bakkt Holdings to acquire shares of 🇯🇵 Marusho Hotta; company to be renamed 🇯🇵 bitcoin.jp
• 🇮🇱 ZOOZ Power closes $5 million private placement (of $180m) to invest 95% of it in BTC
• 🇮🇱 Jeffs' Brands Targets up to $75 million in launch of AI-Driven Crypto Treasury
• 🇬🇧 ECR Minerals (gold company) adopts a Bitcoin Treasury policy (50% of cash)
• 🇸🇪 Goobit Group AB launches 🇸🇪 BTCX Bitcoin Treasury Strategy
• 🇺🇸 BitBridge to go public this quarter as a pure Bitcoin treasury firm
• 🇺🇸 Equillium Announces Strategic Expansion of Cryptocurrency Treasury Reserve Strategy

PURCHASES/ADDED

• 🇬🇧 Satsuma Technology added 1,097 BTC (1,125.85 BTC)
• 🇺🇸 MARA added 639 BTC (50,639 BTC - July)
• 🇯🇵 Metaplanet added 463 BTC (17,595 BTC)
• 🇺🇸 Hut 8 added 403 BTC (10,667 BTC - Q2)
• 🇺🇸 Empery Digital added 197.62 BTC (4,001 BTC)
• 🇺🇸 Cipher Mining Inc added 156 BTC (1,219 BTC - July)
• 🇨🇳 Cango added 149.1 BTC (4678.9 BTC)
• 🇺🇸 Block added 108 BTC (8,692 BTC - Q2)
• 🇺🇸 CleanSpark added 95 BTC (12,703 BTC)
• 🇫🇷 Sequans added 85 BTC (3,157 BTC)
• 🇯🇵 ANAP added 82.33 BTC (913.45 BTC)
• 🇫🇷 Capital B added 62 BTC (2,075 BTC)
• 🇸🇪 H100 Group added 60.6 BTC (763.2 BTC)
• 🇬🇧 Coinsilium Group Forza! added 57.54 BTC (181.96 BTC)
• 🇬🇧 The Smarter Web Company added 50 BTC (2,100 BTC)
• 🇬🇧 Vaultz Capital added 47.85 BTC (117.85 BTC)
• 🇸🇬 Bitdeer Technologies Group added 42.2 BTC (1,718.1 BTC)
• 🇺🇸 Exodus Movement added 29 BTC (2,087 BTC - July)
• 🇺🇸 Alliance Resource Partners added 28.84 BTC (541.39 BTC - Q2)
• 🇸🇬 Canaan Inc added 27 BTC (1,511 BTC - July)
• 🇺🇸 Digi Power X added 21 BTC (61 BTC - July)
• 🇺🇸 Riot Platforms added 14 BTC (19,287 BTC - July)
• 🇪🇸 Vanadi Coffee added 7 BTC (85 BTC)
• 🇯🇵 Agile Media Network Inc added 0.58 BTC (2.25 BTC)

FUTURE PURCHASES

• 🇬🇧 Satsuma Technology closes £163.7M ($217.6 million) raise
• 🇬🇧 The Smarter Web Company launches $21 million Bitcoin-denominated convertible bond, fully subscribed
• 🇯🇵 Convano Inc releases plan to own 21,000 BTC by end of March 2027 and raised 2bn JPY ($13.54 million) to buy more BTC within August.
• 🇫🇷 Capital B raised ~€11.5 million ($13.3 million)
• 🇬🇧 The Smarter Web Company raised £8.1m ($10.75 million)
• 🇸🇪 H100 Group raised SEK 21.2 million ($2.2 million)
• 🇫🇷 Boostheat raised €250k ($291.3k)

ADDITIONAL ANNOUNCEMENTS

• 🇺🇸 ProCap BTC names Jeff Park as Chief Investment Officer.
• 🇬🇧 Union Jack Oil and 🇬🇧 Reabold Resources plan to mine Bitcoin at West Newton using stranded gas via 360 Energy
• 🇮🇳 Jetking Infotrain releases dashboard site
• 🇬🇧 Murano appoints Eric Weiss to board to accelerate BTC purchases
• 🇳🇴 K33 and 🇸🇪 Goobit Deepen Collaboration Around Bitcoin Strategy and Market Infrastructure
• 🇨🇦 Universal Digital Appoints New CEO to Spearhead Strategic Vision
• 🇺🇸 Know Labs to rename to 🇺🇸 USBC and focus as digital dollar
• 🇯🇵 Mac House Co will rename to 🇯🇵 Gyet Co amid strategic diversification

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🚨 Week 31 - Bitcoin Treasury Strategy Updates 🚨

📅 July 28-Aug 2 saw 64 announcements - ~33.3k BTC 🔥

• 3 new treasuries, ~71 BTC, including a gold miner with 20 BTC
• 11 future treasuries announcements, ~$319m worth
• 25 companies added 33,180 BTC
• 10 plans to buy more BTC, up to $8.8 billion worth
• 15 additional treasury-related disclosures

NEW TREASURIES

• 🇱🇷 Hamak Gold Limited started with 20 BTC
• 🇺🇸 Profusa purchased started with $1m in BTC (8.5 BTC estimate)
• 🇨🇦 DevvStream has started BTC/SOL treasury, funded by a $10 million tranche from its $300m convertible notes

FUTURE NEW TREASURIES

• 🇮🇱 ZOOZ Power announces Private Placement of $180 million
• 🇺🇸 Bakkt Holding sold its Loyalty business and pivots to pure-play crypto, raised ~$75 million to buy BTC and other crypto.
• 🇨🇳 Antelope Enterprise Holdings (AEHL) signs $50 million Strategic Financing Agreement
• 🇭🇰 WebX International Holdings to raise HK$47.6m ($6 million) and use 90% ($5.5 million USD) for BTC
• 🇨🇾 Robin Energy to allocate up to 50% of cash in BTC and initial $5 million
• 🇭🇰 3 E Network raised $2.2 million tranche of $7.4 million total through convertible notes to be partly used for BTC
• 🇬🇧 Shortwave Life Sciences raised £250k ($333k) and will launch a Digital Asset Treasury strategy
• 🇨🇦 Tilray Brands to invest in BTC and other crypto
• 🇹🇷 Marti Technologies allocates 20% of Cash Reserves to Bitcoin
• 🇸🇪 Pixelfox AB announces plans to allocate part of its surplus liquidity into BTC and other crypto
• 🇬🇧 Valereum Plc to establish a Bitcoin treasury reserve

PURCHASES/ADDED

• 🇺🇸 Strategy added 21,021 BTC (628,791 BTC)
• 🇺🇸 Twenty One added 6,284 BTC (43,514 BTC)
• 🇺🇸 Coinbase added 2,509 BTC (11,776 BTC - Q2)
• 🇯🇵 Metaplanet added 780 BTC (17,132 BTC)
• 🇫🇷 Sequans added 755 BTC (3,072 BTC)
• 🇺🇸 Empery Digital added 620.2 BTC (3,803.23 BTC)
• 🇬🇧 The Smarter Web Company added 225 BTC (2,050 BTC)
• 🇦🇪 Phoenix Group added 179 BTC (514 BTC - Q2)
• 🇺🇸 Virtu Financial added 175 BTC (410 BTC - Q2)
• 🇨🇳 Cango added 142.7 BTC (4,529.8 BTC)
• 🇯🇵 Convano Inc added 85 BTC (164.93 BTC)
• 🇸🇪 H100 Group added 74.37 BTC (702.6 BTC)
• 🇫🇷 Capital B added 58 BTC (2,013 BTC)
• 🇰🇷 Bitmax added 56.07 BTC (500.123 BTC)
• 🇨🇦 Belgravia Hartford added 42.38 BTC (83.15 BTC)
• 🇩🇪 ATAI added 42 BTC (100 BTC)
• 🇸🇬 Bitdeer Technologies Group added 38.1 BTC (1,675.9 BTC)
• 🇹🇭 RSXYZ added 31.05 BTC (50 BTC)
• 🇫🇷 Crypto Blockchain Industries added 21.52 BTC (25.07 BTC)
• 🇯🇵 ANAP added 16.98 BTC (831.12 BTC)
• 🇬🇧 Coinsilium Group Forza! added 12.42 BTC (124.42 BTC)
• 🇳🇴 K33 added 5 BTC (126 BTC)
• 🇸🇪 Fragbite Group added 2.7 BTC (7 BTC)
• 🇺🇸 Fold Holdings Inc added 2 BTC (1,492 BTC)
• 🇨🇦 Digital Commodities added 1.86 BTC (10.56 BTC)

FUTURE PURCHASES

• 🇺🇸 Strategy announces $4.2 billion $STRC At-The-Market Program
• 🇯🇵 Metaplanet announces up to 555 billion yen ($3.6 billion) perpetual preferred stock issuance
• 🇺🇸 MARA Holdings successfully raised $950 million
• 🇬🇧 The Smarter Web Company raised £19.7m ($26.1 million)
• 🇸🇪 H100 Group raised SEK 109.19m ($11.2 million)
• 🇯🇵 Convano Inc raised 1.5bn JPY ($10.1 million)
• 🇬🇧 Vaultz Capital raised total of £6.3m ($8.2 million) via a subscription and placing
• 🇨🇦 Belgravia Hartford Closes USD $5 million Convertible Debenture
• 🇨🇦 Planet Ventures Inc increased convertible debt financing from C$5 million to C$6 million ($4.35 million)
• 🇬🇧 Pri0r1ty Intelligence Group raised $1 million (to buy at least 4 BTC)

ADDITIONAL ANNOUNCEMENTS

• 🇧🇷 Méliuz announces Mason Foard as Director of Bitcoin Strategy
• 🇬🇧 London BTC Company increased to 1,005 bitcoin miners
• 🇸🇬 Canaan Inc, BTC miner, officially adopts crypto holding policy
• 🇺🇸 Unitronix partners with BTC miner to be able to acquire up to 50% of miner production
• 🇺🇸 Columbus Circle Capital Corp I changed ticker to $BRR in preparation of merger with 🇺🇸 ProCap BTC
• 🇨🇦 Neptune Digital Assets listed on 🇺🇸 OTCQX $NPPTF
• 🇨🇦 Digital Commodities appoints Nick St Louis as Bitcoin Strategist
• 🇦🇪 Phoenix Group officially adopts Digital Asset Treasury Strategy as first in UAE
• 🇸🇪 H100 Group live on Frankfurt Stock Exchange $GS9
• 🇫🇷 Capital B live with new tickers: 🇫🇷 $ALCPB and 🇺🇸 $CPTLF
• 🇺🇸 Volcon renamed to 🇺🇸 Empery Digital, changes ticker from $VLCN to $EMPD
• 🇫🇷 Crypto Blockchain Industries deal with SAFEbit to acquire up to 2,000 BTC by exchanging CBI shares for a discount
• 🇬🇧 Vaultz Capital: Erik Benz has been appointed CEO, and a new Bitcoin Advisory Board has been formed.
• 🇬🇧 Satsuma Technology appoints Jonathan Jachym, Kraken's Global Head of Policy, to its Board as Non-Executive Director.
• 🇬🇧 Cel AI announces plans to delist from the LSE and move to the Aquis Stock Exchange (AQSE) to accelerate its Bitcoin treasury strategy