The Blockchain Group (ALTBG), Europe's first Bitcoin Treasury Company, announced it raised approximately â¬12.1 million through a convertible bond issuance specifically for Adam Back. This funding aims to bolster its Bitcoin Treasury strategy, focused on increasing Bitcoin per share over time. The bonds, convertible into ALTBG shares at â¬0.707, offer significant future potential and are tied to a long-term agreement with a maturity of five years, indicating a strategic investment for growth in the cryptocurrency market.
The Blockchain Group has announced a successful â¬12.1 million convertible bond issuance to enhance their Bitcoin Treasury strategy, indicating significant growth potential.
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