The Blockchain Group Advances Bitcoin Treasury Strategy with €4 Million Capital Increase

The Blockchain Group, recognized as Europe’s pioneering Bitcoin reserve firm, has officially launched a fresh capital increase initiative in partnership with TOBAM. This strategic move is designed to bolster its Bitcoin treasury management by incrementally raising the Bitcoin holdings per share on a fully diluted basis. The company’s CEO has authorized the issuance of 800,690 common shares, priced at an average subscription rate of approximately €5.085 per share, culminating in a total capital raise of around €4.07 million, inclusive of issuance premiums. This capital injection underscores The Blockchain Group’s commitment to enhancing its Bitcoin asset base, aligning with its long-term financial strategy to solidify its market position within the cryptocurrency investment landscape.