US publicly traded company Volcon has increased its BTC holdings by 2903 coins, bringing its total holdings to 3183.37 coins.

BlockBeats News, July 25th, according to NLNico monitoring, the U.S. listed company Volcon (VLCN) increased its holdings by 2,903 BTC today, holding a total of 3,183.37 BTC, with a total purchase price of approximately $375 million and an average purchase price of $117,697. In addition, Volcon announced that its board of directors has authorized an expansion of the current stock repurchase plan to repurchase up to $100 million of the company's outstanding common stock over the next 24 months.

According to RockFlow market data, Volcon (VLCN) surged more than 16% intraday, currently up 2.43%, with a stock price of $13.9 and a trading volume of $10.53 million.