Crypto Co. Enters New Financing Agreement with Accredited Investors, Raising Over $1 Million Through Convertible Promissory Notes

Reuters
2025/08/19
Crypto Co. Enters New Financing Agreement with Accredited Investors, Raising Over $1 Million Through Convertible Promissory Notes

The Crypto Company has entered into a new financing agreement with several accredited investors, including Eksa Holdings LLC, Practivist Investors LLC, Richard G Averitt, Robert Nail, and Ryan Crownholm. Under the terms of the agreement, executed on August 13 and 14, 2025, the company issued a total of 52,712,088 shares of common stock in exchange for 3 Bitcoin, 5.07 Ethereum, 110,505 XRP, 733.83 Avalanche, and $100,000 USD. The investors have purchased Convertible Promissory Notes with a total principal amount of up to $1,025,000, which bear no interest and mature in six months. These notes can be repaid in Bitcoin or the original tokens, depending on the investor's contribution, and will be repaid at 90% of the market value or quantity of the original contribution. This agreement marks a significant strategic financial move for The Crypto Company, enhancing its capital structure with a blend of cryptocurrency and cash investments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crypto Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-024722), on August 19, 2025, and is solely responsible for the information contained therein.

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