Canadian-listed company Universal Digital plans to raise $50 million to increase its holdings of Bitcoin.

ChainCatcher reported that Canadian listed company Universal Digital announced it has signed a subscription agreement with Helena Global Investment Opportunities 1 Ltd, intending to issue senior secured convertible bonds to raise $50 million to support its increased holdings of bitcoin and operations. It is reported that the first batch of bonds is expected to be issued around October 31, 2025, and the issuance dates for subsequent batches will be jointly determined by both parties.