VCI Global Limited announced a convertible note financing facility of up to US$51 million. This capital will support the rollout of its Sovereign AI Infrastructure and includes a strategic allocation of US$20 million into Bitcoin as part of the company’s newly introduced digital treasury reserve strategy.
Structured with a floor conversion price of US$1.20 per share, the note represents a non-dilutive, value-preserving instrument. Proceeds will be allocated across three focus areas: expanding sovereign AI infrastructure, accelerating the commercialization of encrypted data platforms, and establishing a Bitcoin treasury reserve.
The global AI infrastructure market is expected to reach US$422.5 billion by 2030, driven by demand for secure AI compute environments. VCI Global’s dual-pronged strategy, combining sovereign AI infrastructure with Bitcoin-backed treasury innovation, positions it at the intersection of high-growth markets.
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