VCI Global Secures $51M Convertible Note To Fund Sovereign AI Rollout And $20M Bitcoin Treasury Strategy

VCI Global Limited (NASDAQ:VCIG) ("VCI Global" or the "Company"), a cross-sector platform builder integrating deep technology with financial architecture to enable sovereign-ready digital ecosystems, today 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 that equips the Company with the necessary capital to execute its vision without compromising long-term shareholder interests.

Proceeds from the financing will be strategically allocated across three focus areas:

• US$20 million to gradually acquire Bitcoin as a digital reserve asset, reinforcing treasury diversification and long-term capital resilience.
• Deployment of full-stack Sovereign AI Infrastructure across Southeast Asia, integrating military-grade and quantum-resistant encryption technologies. This includes secure and immutable data storage, encrypted AI GPU and CPU servers with PCIe encryption cards, secure communicator devices, and SIM-layer encryption to safeguard mobile data sovereignty. The stack also features encrypted GPU compute, quantum-resistant storage, and zero-trust network architecture designed for institutional and governmental requirements.
• Working capital to expand VCI Global's presence in cybersecurity, AI, and fintech, targeting high-growth opportunities in enterprise and sovereign markets.
  
   

The move is underpinned by favourable market tailwinds. According to Grand View Research, the global AI infrastructure market is expected to reach US$422.5 billion by 2030, driven by rising demand for secure, scalable AI compute environments. Meanwhile, institutional appetite for digital assets continues to surge. A recent Fidelity Digital Assets study revealed that over 80% of institutional investors believe digital assets should be part of a diversified investment portfolio. VCI Global's dual-pronged strategy, combining sovereign AI infrastructure with Bitcoin-backed treasury innovation, positions it at the intersection of these high-growth, converging markets.