BREAKING
236d 0h ago

BD Multimedia Raises €1 Million to Launch Bitcoin Investment Strategy with Premium Convertible Bonds

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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.

Share News:
Don't Miss Breaking News