The Blockchain Group has successfully raised approximately €7.2 million by issuing 1,603,306 new shares at an average price of €4.49 each. This capital increase is part of the company's ongoing strategy to strengthen its Bitcoin reserves and enhance its position in the cryptocurrency investment sector. The funding round was conducted through an "ATM-type" capital increase in partnership with TOBAM, a firm specializing in crypto financing. Three TOBAM-managed funds acquired all the newly issued shares: The Bitcoin CO2 Offset Fund purchased 834,806 shares for approximately €3.77 million. The Bitcoin Treasury Opportunities Fund acquired 735,000 shares. The BTC Linked and Blockchain Equity Fund received 33,500 shares. This targeted allocation reflects a deliberate strategy aligned with The Blockchain Group’s Bitcoin reserve expansion goals. The new shares will be listed and traded on the Euronext Growth market in Paris. Due to the nature of the offering, no formal prospectus was required under AMF rules, allowing for a more streamlined fundraising process. This move follows a significant Bitcoin purchase by the company on March 26, 2025, worth $50.64 million, underscoring its commitment to increasing its Bitcoin holdings. The funding round was conducted through an "ATM-type" capital increase in partnership with TOBAM, a firm specializing in crypto financing. Three TOBAM-managed funds acquired all the newly issued shares: The Bitcoin CO2 Offset Fund purchased 834,806 shares for approximately €3.77 million. The Bitcoin Treasury Opportunities Fund acquired 735,000 shares. The BTC Linked and Blockchain Equity Fund received 33,500 shares. This targeted allocation reflects a deliberate strategy aligned with The Blockchain Group’s Bitcoin reserve expansion goals. The new shares will be listed and traded on the Euronext Growth market in Paris. Due to the nature of the offering, no formal prospectus was required under AMF rules, allowing for a more streamlined fundraising process. This move follows a significant Bitcoin purchase by the company on March 26, 2025, worth $50.64 million, underscoring its commitment to increasing its Bitcoin holdings. The Bitcoin CO2 Offset Fund purchased 834,806 shares for approximately €3.77 million. The Bitcoin Treasury Opportunities Fund acquired 735,000 shares. The BTC Linked and Blockchain Equity Fund received 33,500 shares. This targeted allocation reflects a deliberate strategy aligned with The Blockchain Group’s Bitcoin reserve expansion goals. The new shares will be listed and traded on the Euronext Growth market in Paris. Due to the nature of the offering, no formal prospectus was required under AMF rules, allowing for a more streamlined fundraising process. This move follows a significant Bitcoin purchase by the company on March 26, 2025, worth $50.64 million, underscoring its commitment to increasing its Bitcoin holdings. The new shares will be listed and traded on the Euronext Growth market in Paris. Due to the nature of the offering, no formal prospectus was required under AMF rules, allowing for a more streamlined fundraising process. This move follows a significant Bitcoin purchase by the company on March 26, 2025, worth $50.64 million, underscoring its commitment to increasing its Bitcoin holdings. This move follows a significant Bitcoin purchase by the company on March 26, 2025, worth $50.64 million, underscoring its commitment to increasing its Bitcoin holdings.
Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback
37 min ago
CRYPTO REBOUNDS AFTER MIDDLE EAST CONFLICT, HYPE KEEPS GOING HIGHER!
38 min ago
Bitcoin Price Holds Steady Amid Iran Conflict Fears
38 min ago
Legendary Whale James Wynn Predicts What Will Happen in 48 Hours! Announces His New Moves in Bitcoin (BTC) and Altcoin Positions!
40 min ago
New Move from Ripple! Partnership Established with This Surprise Altcoin on Binance!
1 hour ago
The Blockchain Group Secures €7.2M to Expand Bitcoin Holdings
1 hour ago