British publicly traded company Vinanz has announced the acquisition of 16.9 bitcoins as part of a strategic reserve plan. The purchase, which cost Vinanz $1,748,000 in total, represents an average price of $103,341 per bitcoin. The company’s move to acquire and utilize Bitcoin comes alongside its existing efforts to increase its holdings through both direct purchases and its own bitcoin mining operations within North America. Vinanz is listed on the London Stock Exchange under ticker ‘BTC.L’ and on the OTCQB market in the United States under ‘VINZF’. This acquisition positions Vinanz as a company actively managing its Bitcoin reserves, which are crucial components of their overall strategy.