Rectitude Holdings Invests in Bitcoin: Establishes Treasury Strategy with Equity Purchase

Nasdaq-listed company Rectitude Holdings has entered into a significant agreement, securing a $32.6 million standby equity purchase with Constantinople Limited. This funding will be utilized to acquire Bitcoin, which the company intends to hold for long-term investment as part of its new treasury strategy. This strategic move marks Rectitude Holdings’ commitment to integrating cryptocurrency into its financial operations.