The Blockchain Group plans to raise approximately $7 million to advance its Bitcoin asset management strategy
Odaily Planet Daily News: According to monitoring by NLNico, the European listed company The Blockchain Group plans 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 worth of shares at around €3.95 per share under an "ATM-type" agreement signed with TOBAM; as well as a private placement of approximately €5 million, fully subscribed by Adam Back, at an issue price of about €4.01 per share.
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