Bitcoin Magazine
The Blockchain Group Secures €8.6 Million to Boost Bitcoin Strategy
The Blockchain Group (ALTBG), listed on Euronext Growth Paris and known as Europe’s first Bitcoin Treasury Company, has announced a capital increase of approximately €8.6 million as it pushes forward with its Bitcoin Treasury Company strategy. The funding was raised through two operations, a Reserved Capital Increase and a Private Placement, with both priced at €1.279 per share.
JUST IN: French company The Blockchain Group raises €8.6 million to buy more #Bitcoin pic.twitter.com/VjTKyFSS6w
— Bitcoin Magazine (@BitcoinMagazine) May 20, 2025
This price represents a 20.18% premium over the 20-day volume-weighted average share price but a 46.26% discount compared to the closing price on May 19, 2025, reflecting recent high share price volatility.
“The Company’s Board of Directors decided on May 19, 2025, using the delegated authority granted by the shareholders’ meeti
We współpracy z: https://bitcoinmagazine.com/news/the-blockchain-group-secures-e8-6-million-to-boost-bitcoin-strategy
