3iQ's Bitcoin Fund has developed an ATM plan that will temporarily provide $ 150 million of Class A shares to the public.

According to Globe Newswire on December 5, the Bitcoin Fund of Canadian investment management firm 3iQ announced the action plan (“ATM Plan”) that will allow funds to comply with 3iQ options. We have opened our stock to the public with a total value of US $ 150 million. All issued Class A shares are traded at the current market price of the Toronto Stock Exchange or any other Canadian stock exchange on which the Class A shares are listed, listed and traded. The quota and time (if any) according to the ATM plan will be decided by 3iQ itself and will be valid until 2022. 3iQ has announced that its Bitcoin currency will be issued overnight for Class A shares. On sale, the Class A Shares will be purchased in Canadian and US dollars. Listing is expected to close on November 20, 2020, subject to certain closings, including approval from the Toronto Stock Exchange. Note: Bitcoin funds requested by 3iQ were launched on the Toronto Stock Exchange in April of this year and only support trading of Class A shares.