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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
“Big Short” Burry dumps Caterpillar (CAT.US) put options after their value quadrupled, cutting his short position by 75%
After Michael Burry's put options on Caterpillar nearly quadrupled, he reduced his short position in Caterpillar.
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
Crypto prices
More
