Neutral
GlobeNewsWire
3 months ago
OFA Group Enters MOU With Bitwise as Strategic Advisor for $100 Million Equity Facility to Support Cryptocurrency Treasury Management
Equity Facility to provide flexible capital access in support of digital asset accumulation and long-term growth initiatives Los Angeles, CA, July 15, 2025 (GLOBE NEWSWIRE) -- OFA Group (Nasdaq: OFAL) (“OFA” or “the Company”), an integrated architecture and technology firm, today announces it has entered into a committed equity purchase agreement with Atsion Opportunity Fund LLC – Series 1 for up to $100 million, with the option to expand to $200 million upon mutual agreement. Bitwise Asset Management, Inc. (“Bitwise”), a leading digital asset manager, will steward the deployment and management of proceeds from this facility under a MOU with OFA, focused on developing and implementing institutional-grade cryptocurrency treasury strategies.