ECD Automotive Design Secures $500M Equity Facility to Fund a Bitcoin Treasury

$500M facility earmarked for the strategic accumulation of Bitcoin to serve as the Company's primary reserve asset and for the funding of growth and general corporate purposes.

The Company will grow its digital asset footprint beyond the recent BitPay relationship to unlock the crypto-native customer demographic.

First 21 customers to purchase a vehicle with Bitcoin to receive $21,000 upgrade credit.

KISSIMMEE, Fla. , June 23, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ:ECDA), the world's largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs is thrilled to announce the signing of a $500M equity facility with ECDA Bitcoin Treasury LLC (the "Facility"). The proceeds of this strategic financing will enable ECD to pursue an innovative Bitcoin treasury strategy, positioning the company towards a next-generation store of value asset, and/or to fund growth and general corporate purposes.

These initiatives align with ECD's plan to engage the Bitcoin and broader digital asset communities, which have seen substantial wealth creation over the past decade and represent a priority customer demographic. The company plans to explore ways to help these customers diversify from digital assets into premium real-world assets (RWA) such as classic automobiles. Over the next twelve months, ECD is offering the first twenty-one new build customers that purchase a vehicle using Bitcoin, a $21,000 credit in vehicle upgrades of their choice.

"We are excited to secure this significant financing option, which strengthens our financial foundation and enables us to diversify our treasury strategy with Bitcoin," said Ben Piggott, CFO of ECD Automotive Design. "Having already put the framework in place to accept crypto as a form of payment for our vehicles through our relationship with BitPay, this new initiative reflects our continued confidence in the long-term potential of digital assets and our commitment to creating value for our shareholders and customers while maintaining our focus on crafting exceptional, one-of-one vehicles."

Pursuant to the ...