"Volcon's Stock Soars as Electric Vehicle Maker Reveals $500M Bitcoin Investment"

2025-07-18 08:01
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"Volcon's Stock Soars as Electric Vehicle Maker Reveals $500M Bitcoin Investment"

출처: Block Media

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# Volcon Unveils Bold Bitcoin Strategy, Stock Surges by 135%

Leading electric vehicle (EV) manufacturer Volcon has taken the financial world by storm by incorporating Bitcoin (BTC) into its corporate strategy, fueling a dramatic surge in its stock valuation. According to Decrypt, Volcon announced on July 18 plans to allocate approximately $500 million (around KRW 700 billion) for Bitcoin investments, driving its shares up by nearly 135% following the news.


# Funding Bitcoin Investments Through Private Placement

Volcon revealed its intention to fund this pioneering strategy through a private placement agreement. The company will issue 50,142,851 common shares at $10 per share, raising $500 million in total proceeds. Remarkably, 95% of this capital will be dedicated to purchasing Bitcoin—a bold indication of the company’s confidence in cryptocurrency as a safeguard against economic uncertainties.

John Kim, Co-CEO of Volcon, emphasized: "In an era of rapid currency devaluation, holding Bitcoin on the balance sheet represents a forward-focused approach to preserving shareholder value and embracing the digital economy’s future."


# Aligning with Emerging Financial Trends

Volcon’s decision signals a broader trend among corporations adopting cryptocurrencies to strengthen their financial footing. Despite the strategic pivot, the company continues to grapple with financial struggles, reporting net losses exceeding $45 million in 2024. Additionally, Volcon’s stock has faced downward pressure this year, with a year-to-date decline of more than 35%.


# Trailblazing Bitcoin Adoption Among Corporates

Corporate cryptocurrency investments were pioneered by MicroStrategy, led by Michael Saylor, back in 2020. MicroStrategy set the benchmark by amassing over $7.2 billion worth of Bitcoin—highlighting how cryptocurrencies can serve as innovative assets for corporate treasuries. According to public data from Bitcoin Treasuries (bitcointreasuries.net), more than 140 companies collectively hold a staggering $102.2 billion in Bitcoin, with MicroStrategy accounting for over two-thirds of this total.


# Exploring Beyond Bitcoin: The Rise of Altcoins

While Bitcoin dominates corporate cryptocurrency holdings, companies are increasingly diversifying their portfolios with other digital assets. Recent examples include SharpLink, which has favored Ethereum (ETH), and DeFi Development Corp., venturing into Solana (SOL). This shift highlights the growing appetite for alternative cryptocurrencies in corporate investment strategies.


# Backing Volcon’s Private Placement with Institutional Support

Volcon’s private placement secured institutional backing from prominent entities, spearheaded by Empery Asset Management. Additional investors include FalconX, Pantera Capital, Borderless Capital, RK Capital, and Relayer Capital. The transaction is slated to close on July 21—a key milestone for Volcon’s ambitious financial transformation.


# About Volcon: Redefining Electric Off-Road Vehicles

Based in Texas, Volcon specializes in innovative electric off-road sports vehicles designed for unique consumer needs. Among its flagship products are the Brat, a motorcycle-inspired EV built for urban commuters, and the Grunt, an electric bike crafted for outdoor enthusiasts and hunters. Volcon continues to push boundaries in EV technology and design, capitalizing on the fast-growing demand for sustainable transportation solutions.


# Bitcoin's Momentum in the Market

Meanwhile, Bitcoin (BTC) remains on an upward trajectory, reinforcing confidence in Volcon’s decision. Recent data from CoinGecko shows BTC trading at $120,200—a 3% increase over the past week. This steady performance underscores Bitcoin’s appeal as a long-term investment and financial hedge amid volatile markets.


# Conclusion

Volcon’s strategic integration of Bitcoin into its financial framework is a bold move that could reshape corporate treasury management. While challenges persist, the EV manufacturer’s adoption of cryptocurrency positions it alongside industry leaders embracing digital assets for sustainable growth.


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