Panther Metals to Acquire $5.37 Million in Bitcoin for Reserves

According to Foresight News, Canadian-listed mining company Panther Metals is planning to purchase approximately $5. 37 million worth of Bitcoin to add to its reserve holdings. The funding for this acquisition will be sourced from two main avenues: the conversion of existing warrants and capital raised through the financial markets. Following the completion of the capital raising, Panther Metals intends to utilize a loan facility, secured by its Bitcoin holdings, to finance the acquisition of Pick Lake source: https://www.binance.com/en/square/post/25994150698945?utm_source=BinanceNewsRSS