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Volcon Stock Soars 362.71% After Reverse Split, Bitcoin Strategy

Generated by AI AgentAinvest Pre-Market Radar

Thursday, Jul 17, 2025 9:03 am ET1min read

Aime Summary

- Volcon's stock surged 362.71% pre-market after a 1-for-8 reverse stock split and Bitcoin treasury strategy announcement.

- The reverse split consolidated shareholders' holdings to strengthen financial stability and market positioning.

- A $500M private placement aims to build Bitcoin reserves, leveraging cryptocurrency for long-term growth and capital preservation.

On July 17, 2025, Volcon's stock surged by 362.71% in pre-market trading, marking a significant milestone for the company.

Volcon, Inc. recently executed a 1-for-8 reverse stock split, which means shareholders now hold one share for every eight shares they previously owned. This move is part of the company's strategic efforts to enhance its market position and financial stability.

In a significant strategic shift, VolconVLCN-- announced a $500 million private placement to implement a Bitcoin treasury strategy. This initiative aims to leverage the potential of cryptocurrency to bolster the company's financial reserves and long-term growth prospects.

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