CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-06-11 08:50:22

The Blockchain Group gets shareholder backing to raise over €10B for Bitcoin expansion

The Blockchain Group has secured overwhelming shareholder approval to raise over €10 billion through the issuance of new shares and securities in order to buy more Bitcoin. The Blockchain Group, Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has received an overwhelming shareholder approval to issue shares and securities worth over €10 billion. This includes the ability to offer new shares either with or without preferential subscription rights, through public offerings or private placements to select investors. These new financial delegations will support the company’s goal of increasing its Bitcoin ( BTC ) holdings per share on a fully diluted basis over time as part of its Bitcoin Treasury Company strategy. In conjunction with the capital measures, Alexandre Laizet was appointed to the Board of Directors and named Deputy CEO responsible for the company’s Bitcoin Strategy. You might also like: Paris-Listed Blockchain Group completes €63.3m bond sale to buy more Bitcoin This move comes on the heels of The Blockchain Group’s recent successful €63.3 million convertible bond sale through its Luxembourg subsidiary, intended to fund the purchase of approximately 590 BTC. According to data from Bitcoin Treasuries , the company currently holds 1471 BTC on its balance sheet worth $161.11 million at current market prices. The company aims to hold 1% of the total Bitcoin supply — about 170,000 BTC — by 2032. The Blockchain Group is part of a growing cohort of European companies advancing their Bitcoin acquisition strategies through structured financing. Most recently, Swedish health tech firm H100 Group secured $2.2 million via convertible loans to expand its own BTC holdings. Meanwhile, aggressive Bitcoin-acquiring companies like Strategy and Metaplanet continue to ramp up their holdings. Earlier this month, Strategy added 1,045 BTC, worth approximately $110 million, bringing its total holdings to 582,000 BTC. Japan-based Metaplanet also added 1,088 BTC to its portfolio in early June, increasing its total to 8,888 BTC. You might also like: eToro reports $60M in Q1 net income as trading activity and user base grows

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta