The largest domestic trader with Bitcoin Bitstock is going to enter the Prague Stock Exchange in the autumn. The company is now preparing.
“Now we are at point zero and we have to agree on a framework valuation. I already have clear plans in my head for what I would like to do with that money. We would like to acquire an interesting financial institution that would fit into our portfolio, “Martin Stránský explained other plans with money from investors. For example, it could be an investment in a campaign-type institution.
The world’s oldest cryptocurrency, Bitcoin, has been experiencing a significant increase since the beginning of the year, despite sharp fluctuations. In the Czech Republic alone, the volume of trades tripled year on year in the first quarter. Investor interest was also supported by the entry of the crypto exchange office Coinbase into the Nasdaq stock market.
“The Valuation of Coinbas is currently $ 64 billion, and it is charging us to make our entry a success, albeit on a much smaller scale,” believes Martin Stránský.