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Europe's first BTC reserve company re-finances 40.71 million euros to strengthen its BTC vault strategy
On June 25, according to official sources, The Blockchain Group, Europe’s first BTC reserve company, announced that the ‘ATM type’ capital increase plan signed with TOBAM has initiated a new round of capital increase operations, aiming to continue to advance its BTC treasury strategy, with the core goal of gradually increasing the per share BTC holding on a fully diluted basis.
The Blockchain Group CEO has decided to implement this round of capital increase, with a total amount of 4,071,368.65 euros (including the issuance premium), through the issuance of 800,690 ordinary shares, with an average subscription price of approximately 5.085 euros per share.