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The Blockchain Group increases capital by 7.2 million euros to advance the strategy of a Bitcoin vault company

PANews
PANews|Jun 17, 2025 06:21
The Blockchain Group (ALTBG), a European listed company, announced that it has raised approximately 7.2 million euros through an ATM style capital increase agreement with TOBAM, issuing 1.6 million new shares at an average price of 4.49 euros per share. This fundraising will be used to continue advancing its "Bitcoin Vault Company" strategy, aiming to increase its per share Bitcoin holdings in the long term. Three funds under TOBAM have subscribed for shares, including TOBAM Bitcoin CO2 Offset Fund, Bitcoin Treasury Opportunities Fund, and Blockchain Equity Fund.
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