BD Multimedia, a leading French fintech firm, has successfully secured €1 million via the issuance of convertible bonds (OCA) to advance its innovative “BTC Finance Company” initiative. The raised capital is earmarked exclusively for Bitcoin investment, with a conversion price set at €12, reflecting a 48.1% premium over the prevailing market value. This financial maneuver is designed to maintain a dilution rate below 1%, ensuring shareholder value preservation while complying with stringent ACPR and PSAN regulatory standards. BD Multimedia emphasizes that this capital raise marks the initial phase of a broader, methodical approach to integrating Bitcoin into its asset portfolio, underscoring its commitment to regulated crypto asset management within the European fintech landscape.
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