BTCS Holding AG, A Zug-based financial services provider for the digital asset industry, has closed its CHF 45 million Series A fundraising round.
The Series A round included a sale of treasury shares as well as the issuance of newly issued shares from authorized capital, which was created at the extraordinary shareholders‘ meeting on 30 June 2020. Based on the terms of the financing, the current valuation of Bitcoin Suisse is now CHF 302.5 million. Among a significant number of private investors, strategic business partners, and clients, Roger Studer acted as lead investor. He was also appointed as new member of the Board of Directors.