The Blockchain Group has raised approximately 4.1 million euros to advance its Bitcoin Treasury strategy.

Blockbeats

06-25

BlockBeats News, June 25th, According to official sources, The Blockchain Group, the first Bitcoin reserve company in Europe, announced that the "ATM-type" capital increase plan signed with TOBAM has initiated a new round of capital increase operations, aiming to continue advancing its Bitcoin treasury strategy, with the core goal of gradually increasing the per-share Bitcoin holdings on a fully diluted basis.

The CEO of The Blockchain Group has decided to implement this round of capital issuance, with a total amount of 4,071,368.65 euros (including the issuance premium), through the issuance of 800,690 common shares, with an average subscription price of approximately 5.085 euros per share.

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