CoinScoopStuck BTC Proposes Acquisition of Precious Metals Firm to Fund Bitcoin Purchases
Stuck BTC, a UK-listed company backed by Reform UK leader Nigel Farage, has proposed a takeover of precious metals dealer Direct Bullion for up to 12 million pounds. The company plans to use cash flow from the acquired business to increase its Bitcoin holdings. The non-binding offer includes 3 million pounds in cash and approximately 4 million pounds in shares.
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