Volcon Discloses $375M Bitcoin Holdings, Acquires 3,183.37 BTC At $117K Average Purchase Price
Author: Benzinga Newsdesk | July 25, 2025 09:20am
Volcon, Inc. (NASDAQ:VLCN) (the "Company," "Volcon" or "Empery Digital") today announced that as of July 25th at 8:00am ET, the Company holds 3,183.37 BTC acquired for an aggregate purchase price of ~$375 million, reflecting an average purchase price of $117,697 per BTC. The Company has also sold various short-term put contracts giving the Company the opportunity to potentially buy additional BTC at $115,000, $116,000 and $117,000 while collecting option premium to reduce the cost of BTC. This aligns well with the Company's continued BTC acquisition strategy.
Posted In: VLCN