London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) announced it has signed a 30-day exclusive call option to acquire a 100% interest in the tenements containing the historic Chance gold mine, in Western Australia. The company said the move forms “Stage One” of a hedging strategy aimed at reducing exposure to Bitcoin volatility, and, follows comments made in its interim results published in November.
London BTC moves into gold ventures as its hedging strategy get underway
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London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) signs 30-day exclusive call option to acquire a 100% interest in tenements containing the historic Chance gold mine in Western Australia; move designated 'Stage One' of a hedging strategy to reduce exposure to Bitcoin volatility, following comments in the company's interim results published in November.
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