The Blockchain Group Secures €22 Million for Enhanced Bitcoin Strategy

The Blockchain Group recently secured a €22 million funding round to bolster its Bitcoin strategy. This investment will fuel the company’s growth in areas like data intelligence and AI, as well as enhance its existing Bitcoin treasury reserves. The financing comes from two rounds of investment, raising €9.9 million in equity and an additional €12.1 million through Bitcoin-denominated bonds issued by CEO Adam Back. This strategic move reflects a commitment to building out a more robust Bitcoin-centric financial model for the company.