Antelope Enterprise Holdings Limited (NASDAQ:AEHL) saw its stock price climb 40% following the announcement of a new financing deal aimed at supporting its Bitcoin acquisition plans.
The company has signed a Securities Purchase Agreement with Streeterville Capital, LLC, a U.S.-based investment firm. Under the terms of the deal, AEHL will receive up to $50 million in funding, delivered in multiple tranches over the next 24 months. The capital will be used solely to purchase Bitcoin, signaling the company’s official move into digital assets.
“The move marks a true starting point of AEHL’s digital transformation and a significant milestone as we shift from strategy to execution,” said Tingting Zhang, CEO of AEHL. “We have developed a clear and well-defined digital asset roadmap, and this financing provides the capital capability needed to support our long-term strategic goals.”
The company noted that Bitcoin purchases will be made incrementally, depending on market dynamics. AEHL has pledged to keep investors informed with regular updates on its acquisition progress, Bitcoin holdings, and storage practices to ensure ongoing transparency.
Looking ahead, the company said it will continue evaluating new opportunities in the Web3 and crypto finance sectors. A detailed Bitcoin development roadmap is expected to be released soon.
Antelope Enterprise Holdings stock price
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