The Blockchain Group Secures $71.9M to Fuel Bitcoin Acquisition

Description

The Blockchain Group (ALTBG), a Paris-listed firm focused on data intelligence and decentralized technologies, has issued a 63.3 million euro ($71.9 million) in convertible bonds to further its bitcoin BTC treasury strategy. This financing, executed through its Luxembourg subsidiary, highlights a significant push towards expanding the company's BTC reserves and reinforcing its investor base. A key component of the deal includes a $5.7 million BTC-denominated bond subscribed by Moonlight Capital,...