Bitcoin News Today: Volcon expands Bitcoin holdings to 3,183 BTC at $375M as stock surges 116%

Volcon, Inc. (NASDAQ: VLCN) has significantly expanded its Bitcoin (BTC) holdings, acquiring 3,183.37 BTC at a total cost of approximately $375 million. This acquisition, announced in mid-July 2025, reflects an average purchase price of $117,697 per BTC, aligning with the cryptocurrency’s near-all-time high valuation at the time [1]. The move marks a strategic shift for the company, which is rebranding as Empery Digital and transitioning from its previous focus on electric powersports production to a digital asset holding entity [1].

The acquisition was funded through a $500 million private placement, with 95% of the capital allocated to Bitcoin purchases. Co-CEO Ryan Lane emphasized the strategy’s alignment with Bitcoin’s role as a “sustainable long-term store of value,” leveraging the firm’s hedge fund expertise to implement cost-saving measures such as short-term put contracts [1]. By selling options at strike prices of $115,000, $116,000, and $117,000, Volcon aims to offset purchase costs through collected premiums, effectively lowering the asset’s net price [1].

This expansion has bolstered Volcon’s treasury reserves, positioning the company among notable public holders of BTC. The firm’s stock saw a 116% increase in the preceding days, reflecting market approval of its strategy [1]. Additionally, Volcon increased its share repurchase authorization to $100 million, signaling confidence in its equity and broader cryptocurrency market [1]. Repurchases, to be funded by existing cash reserves, will prioritize net asset value (NAV) per share and align with market conditions and legal compliance [1].

The timing of the acquisition aligns with broader institutional trends. As Bitcoin’s price fluctuated near $115,000 in late July, several firms increased BTC holdings to hedge against fiat volatility [2]. Volcon’s 3,183 BTC stake represents a calculated bet on Bitcoin’s adoption as a reserve asset, particularly in a low-interest-rate environment [2]. However, acquiring Bitcoin at near-ath levels introduces risks; subsequent price corrections could impact the asset’s value and the company’s financial metrics [3].

Volcon’s dual focus on Bitcoin accumulation and equity buybacks underscores its attempt to balance digital and traditional asset markets [1]. The company’s broader vision includes positioning itself as a “globally trusted aggregator of Bitcoin,” combining its power sports innovation with digital asset strategies [1]. This approach mirrors trends seen among EV manufacturers and tech firms integrating Bitcoin into corporate treasuries [4].

Critics highlight the volatility tied to Volcon’s strategy, noting that the $117,697 average purchase price leaves little room for depreciation before breakeven or losses occur [5]. Balancing the $100 million repurchase authorization with operational cash flow and EV segment growth remains a critical challenge [5].

Despite these risks, Volcon’s actions reflect growing corporate adoption of Bitcoin as both an investment and strategic asset. By integrating derivatives to manage costs and hedge inflationary pressures, the company aims to capitalize on long-term gains while navigating regulatory and market uncertainties [6]. Ryan Lane’s public statements reinforce this vision, though outcomes will depend on Bitcoin’s price trajectory and the firm’s execution of its dual-pronged strategy [1].

Source:

[1] [Volcon Initiates Strategic Bitcoin Treasury Program and Expands Share Repurchase Authorization to $100 Million](https://www.stocktitan.net/news/VLCN/volcon-initiates-strategic-bitcoin-treasury-program-and-expands-0ah1iesxtax0.html)

[2] [Institutions Boost Bitcoin Buying as Price Dips Below $115K](https://www.ainvest.com/news/bitcoin-news-today-institutions-boost-bitcoin-buying-price-dips-115k-24-hour-volume-surges-40-2507/)

[3] [Volcon Deepens Bitcoin Bet, Boosts Share Buyback](https://www.benzinga.com/trading-ideas/movers/25/07/46634435/volcon-deepens-bitcoin-bet-boosts-share-buyback)

[4] [Volcon Announces Strategic Bitcoin Treasury Program](https://www.tipranks.com/news/company-announcements/volcon-announces-strategic-bitcoin-treasury-program)

[5] [Volcon Invests Heavily in Bitcoin Amid Market Peaks](https://m.economictimes.com/crypto-news-today-live-25-jul-2025/liveblog/122889124.cms)

[6] [Volcon (NASDAQ: VLCN) Grows Bitcoin Treasury to 3,183 BTC](https://fxdailyreport.com/volcon-nasdaq-vlcn-grows-bitcoin-treasury-to-3813-btc/)