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The Blockchain Group Plans to Raise Approximately $7 Million to Advance Bitcoin Asset Management Strategy

Summary: According to sources, European listed company The Blockchain Group is planning to raise approximately $7 million through two capital increase transactions to advance its Bitcoin asset management company strategy. This includes issuing approximately 1.1 million euros of shares at around 3.95 euros per share under the 'ATM-type' agreement signed with TOBAM, and a targeted issuance ...

According to sources, European listed company The Blockchain Group is planning to raise approximately $7 million through two capital increase transactions to advance its Bitcoin asset management company strategy. This includes issuing approximately 1.1 million euros of shares at around 3.95 euros per share under the 'ATM-type' agreement signed with TOBAM, and a targeted issuance of approximately 5 million euros fully subscribed by Adam Back at around 4.01 euros per share.

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