The Blockchain Group Aims to Raise Approximately $7 Million to Advance Bitcoin Asset Management Strategy

BlockBeats News, July 15th, according to NLNico monitoring, the European listed company The Blockchain Group plans to raise approximately $7 million through two capital increase transactions to advance its Bitcoin asset management company strategy.

This includes issuing approximately 1.1 million euros of shares at about 3.95 euros per share under the "ATM-type" agreement signed with TOBAM; and a €5 million private placement fully subscribed by Adam Back, with an issue price of about €4.01 per share.