24/7 Market News Snapshot 23 June, 2025 – ECD Automotive Design, Inc. Common Stock (NASDAQ:ECDA)

June 23, 2025

DENVER, Colo., 23 June, 2025 (www.247marketnews.com) – (NASDAQ:ECDA) are discussed in this article.
ECD Automotive Design, Inc. (NASDAQ:ECDA) is experiencing significant growth, evidenced by a remarkable 94.70% increase in its stock price during pre-market trading, now reflecting at $0.603 compared to the previous close of $0.310. This surge has been amplified by the trading volume of 27 million shares, indicating robust investor interest and confidence. The company appears poised for a breakout, attracting new buyers and strengthening its market position, which could herald a transformative era for the brand.

In a notable financial maneuver, ECDA has secured a $500 million equity facility through its subsidiary, ECDA Bitcoin Treasury LLC. This strategic initiative aims to fortify the company’s financial infrastructure and explore innovative avenues within the cryptocurrency domain. The facility’s funds will be utilized to acquire Bitcoin, recognizing its potential as a strategic reserve asset as digital currencies gain traction in global markets. The company’s proactive stance places it at the forefront of merging traditional automotive craftsmanship with modern financial innovations, tapping into a contemporary customer base that values digital transactions.

To engage this evolving demographic, ECD is introducing a promotional offer that grants the first 21 customers who purchase a vehicle using Bitcoin an upgrade credit of $21,000 towards enhancements. This initiative not only reinforces ECD’s commitment to luxury and bespoke craftsmanship but also aligns with its strategy to integrate digital currencies into the acquisition of high-end automotive assets.

CFO Ben Piggott emphasized that the financing positions ECD to capitalize on opportunities in the digital asset realm while ensuring continued delivery of exceptional value to stakeholders. By collaborating with BitPay to accept cryptocurrency payments, ECD is firmly committed to innovating within the luxury automotive sector, setting the stage for a new chapter of growth and customer engagement.

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