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Volcon Acquires 317 Additional BTC and Now Holds Over 3,500 BTC

1. Volcon acquired 316.8 BTC for $37.3 million, totaling 3,500.18 BTC. 2. The average purchase price for BTC is about $117,683.

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Why Bullish?

Volcon's increasing BTC acquisition can enhance its asset value. Historical precedents show companies leveraging crypto holdings improve investor sentiment.

How important is it?

The strategic acquisition of BTC positions Volcon strongly in the cryptocurrency space, appealing to investors.

Why Long Term?

Sustained BTC holdings may lead to long-term value appreciation, similar to companies like MicroStrategy.

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MSTRTSLABTC
AUSTIN, Texas--(BUSINESS WIRE)---- $VLCN #BTC--Volcon, Inc. (NASDAQ: VLCN). (the “Company,” “Volcon” or “Empery Digital”) today announced updates to its bitcoin acquisition strategy and current holdings. Since its last update on July 25th, the company has acquired an additional 316.8 BTC for a total purchase price of $37.3 million. As of the time of this release, the Company holds 3,500.18 BTC acquired for an aggregate purchase price of ~$412 million, reflecting an average effective purchase price of $117,683.

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