Gold company wants to buy BTC for nearly two billion dollars

24,800 Bitcoin, almost two billion dollars: that's how much BTC the gold company Nilam Resources wants to buy.

This was announced during the announcement of a strategic partnership with Xyberdata Ltd.

To be exact, the two companies together buy 100 percent of the shares in Mindwave, which owns 24,800 Bitcoin.

According to the press release, Nilam will be the BTC received at a more favorable price than is currently available on the market.

Bitcoin is increasingly traded as "digital gold" because it is limited to 21 million coins.

Nilam Resources was founded in Canada in 2008. In 2021, the company was delisted due to restructuring.

The crypto market is currently on the rise again. Bitcoin is traded at more than US$70,000.