
The Blockchain Group, a French publicly traded company and Europe's first Bitcoin treasury firm, has raised €9.7 million through equity and convertible bond issuance to expand its Bitcoin holdings. The company recently secured shareholder approval to raise over €10 billion, approximately $11 billion, for further Bitcoin acquisitions. Following these fundraising efforts, The Blockchain Group purchased an additional 182 Bitcoins for €17 million, increasing its total Bitcoin reserves to 1,653 BTC, valued at around €150 million. This move reinforces the company's position as Europe's leading corporate Bitcoin holder.
NEW: The Blockchain Group adds 182 BTC to its holdings, increasing its total Bitcoin reserve to 1,653 BTC. https://t.co/dsxu2QgqOo
France’s The Blockchain Group adds 182 BTC to its balance sheet for €17 million. https://t.co/YdHLjyK0Of
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