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Bitcoin Suisse Completes a $48 Million Series A Financing Round

Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares of BTCS Holding AG, consisting of 6.4% treasury shares and 10% newly issued shares. The authorized capital for the fully subscribed 10% capital increase was created at the extraordinary general assembly on June 30, 2020. Based on terms of the financing deal, Bitcoin Suisse is now valued at approximately $326 million. In a statement, Niklas Nikolajsen,…

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