The Blockchain Group Seeks to Raise $7.01 Million to Purchase Bitcoin

Source
Son Min

Summary

  • French publicly listed blockchain group 'The Blockchain Group' announced that it plans to raise €6 million (about $7.01 million) for additional Bitcoin purchases.
  • The fundraising will be carried out through a paid-in capital increase.
  • The Blockchain Group purchased 29 BTC the previous day, and its total holdings are now 1,933 BTC.


French publicly listed blockchain group 'The Blockchain Group' plans to raise an additional €6 million (approximately $7.01 million) to purchase more Bitcoin (BTC).

On the 15th (local time), The Blockchain Group announced in a press release that it is planning to secure €6 million in funds to add more Bitcoin to its reserves. The capital will be raised through a paid-in capital increase.

Meanwhile, the previous day, The Blockchain Group purchased 29 BTC. The current total holding is 1,933 BTC.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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