As part of the funding round, investors were offered a 16.4% stake in BTCS Holding AG.

The round was led by the Swiss banker Roger Studer. He joined the board of directors of the company along with the ex-director of the Center for Research Credit Suisse Giles Keating.

The received funding will be used by Bitcoin Suisse for scaling and business development.

The current valuation of the company is 302.5 million Swiss francs (over $ 327 million).

Bitcoin Suisse founder Nicklas Nicolaisen said the company "is determined to be the first European unicorn in the digital asset industry."

Bitcoin Suisse also reported receiving a guarantee from a Swiss bank to protect assets.

As a reminder, the company announced the start of a funding round in May.
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