VCI Global secures $51 million convertible note, plans bitcoin reserve
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VCI Global Secures US$51 Million Convertible Note Financing to Expand Sovereign AI Infrastructure and Launch Bitcoin Treasury Reserve
August 14, 2025 7:57 AM EDTUS$20 Million to Be Allocated to Bitcoin | US$1.20 Floor Price Ensures Minimal Dilution
KUALA LUMPUR, Malaysia, Aug. 14, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (VCI Global or the Company), a cross-sector platform builder integrating deep technology with financial architecture to enable sovereign-ready digital ecosystems, today announced a convertible note financing facility of up to US$51 million. This capital will support the rollout of its Sovereign AI Infrastructure and includes a strategic allocation of US$20 million into Bitcoin as part of the Companys newly introduced digital treasury reserve strategy.
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