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@ Layer3.news
2025-05-27 08:35:31
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THE BLOCKCHAIN GROUP SECURES $71.9M TO FUEL BITCOIN ACQUISITION
https://cdn.sanity.io/images/s3y3vcno/production/47289333f79aa98bb2c38710f96718e7f48f64ac-1280x853.jpg
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✍️ The Blockchain Group has issued 63.3 million euros in convertible bonds to expand its bitcoin treasury strategy and reinforce its investor base.
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👉 The Blockchain Group has issued 63.3 million euros in convertible bonds to expand its bitcoin treasury strategy
👉 The financing includes a 30% premium over the May 23 closing price
👉 Convertible Bonds B-02 were exercised, totaling $66 million
👉 Adam Back converted his OCA Tranche 1 bonds into 14.88 million shares
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#AdamBack #Paris #Luxembourg #business
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