Blockchain Group Raises $342M With TOBAM for Bitcoin Push

Blockchain Group Raises $342M With TOBAM for Bitcoin Push

Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions - Coin Surges

The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier. During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a statement posted on X. The delegation grants directors authority to issue…

European Blockchain Giant Secures $340M to Boost Bitcoin Reserves

Blockchain Group announced plans to raise 300 million euros ($342 million) to expand its Bitcoin reserves, a move that is causing many to seriously reconsider the scope of institutional interest in digital gold in Europe. 🟠 The Blockchain Group Launches a €300 Million “ATM-type” Capital Increases Program with TOBAM⚡️ Full Press Release (EN): https://t.co/DbXXbb6OT8 Full Press Release (FR): https://t.co/XbaTfaOqfn BTC Strategy (EN): https://…

The Blockchain Group plans massive fundraise to expand Bitcoin treasury ...

Why more Gloucestershire businesses should consider accepting Bitcoin

Gloucestershire has long been full of entrepreneurial spirit - from vibrant independent cafés and family-run shops to tech-savvy startups and digital creatives, writes Joe David, of Nephos Group.As this landscape continues to evolve, so too do the tools available to business owners.One that’s quietly gaining traction - yet still widely misunderstood - is Bitcoin.At Nephos Group, based here in Cheltenham, we work closely with businesses across se…

France’s Blockchain Group Seeks €300 Million to Expand Bitcoin Holdings

The Blockchain Group, a French company listed on Euronext Growth (ALTBG), plans to raise up to €300 million to buy Bitcoin. The company announced the launch of a new share issuance program to fund the purchases.The offering will use an "at-the-market" (ATM) structure. This means shares will be issued gradually, with the sale price based on the market price each day. French asset manager TOBAM is backing the program. It will act as the financial …