Critical Metals launches Bitcoin financial strategy to acquire BTC through a $500 million financing plan.

According to Wu Shuo, Critical Metals Corp announced that its board of directors has approved a Bitcoin financial strategy, adopting $BTC as its primary asset reserve. This makes it the first Nasdaq-listed critical minerals company to use $BTC as a major financial reserve asset. Under a convertible note financing agreement led by JBA Asset Management, the company can access up to 500 million USD for the purchase of $BTC, with the first tranche of 100 million USD already issued, and the subsequent 400 million USD to be determined by the buyer.