Antelope Enterprise Holdings (AEHL) said Tuesday it signed a securities purchase agreement with Streeterville Capital for financing of up to $50 million in tranches over a period of up to two years.
The company said it will use the funds to acquire bitcoins.
Shares of Antelope Enterprise were down 37% in recent trading.
Price: 2.67, Change: -1.58, Percent Change: -37.18