ECD Automotive Design, the world's largest Land Rover and Jaguar restoration company, has announced a $500 million equity facility to invest in Bitcoin as a primary reserve asset. This strategic move is designed to combine luxury automotive customization with the growing digital asset economy, targeting high-net-worth individuals. As part of the initiative, ECD is offering a promotional upgrade credit for clients purchasing vehicles with Bitcoin. Additionally, the company has previously integrated with BitPay to accept cryptocurrency payments, enhancing its flexibility and financial strategy.
ECD Automotive Design's new equity facility of $500 million will allow them to accumulate Bitcoin and expand into the digital asset economy.
The company is keen on attracting high-net-worth clients by merging luxury automotive customization with Bitcoin investment opportunities.
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