News Explorer — ECD Automotive Design Secures $500 Million to Invest in Bitcoin for Its Corporate Treasury

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Jun 23, 7:55 pm

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ECD Automotive Design Secures $500 Million to Invest in Bitcoin for Its Corporate Treasury

ECD Automotive Design, Inc. has secured $500 million to acquire and store a significant amount of Bitcoin in its corporate treasury, following a trend seen among various public companies. The Florida-based car restoration company signed an equity facility with ECDA Bitcoin Treasury LLC for this purpose.

ECD Automotive Design, Inc. has secured $500 million to acquire and store a significant amount of Bitcoin in its corporate treasury, following a trend seen among various public companies. The Florida-based car restoration company signed an equity facility with ECDA Bitcoin Treasury LLC for this purpose.

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