UK-listed company Falconedge spent $1.6 million to complete its first purchase of approximately 15 BTC

Falconedge, listed on the London Stock Exchange, announced that it has spent approximately $1.6 million to complete its first Bitcoin purchase, acquiring a total of 15.16258228 BTC at an average purchase price of $103,553.97. It is reported that Falconedge is a strategic subsidiary of Falcon Investment Management, which announced the launch of its Bitcoin treasury strategy in August this year.