Canadian listed company Universal Digital plans to raise 50 million USD to increase its Bitcoin holdings

ChainCatcher news, Canadian listed company Universal Digital announced that it has signed a subscription agreement with Helena Global Investment Opportunities 1 Ltd to issue secured convertible bonds to raise $50 million to support its increase in Bitcoin holdings and operations. The first batch of bonds is expected to be issued around October 31, 2025, and the issuance dates for subsequent batches of bonds will be jointly agreed upon by both parties.