The Blockchain Group Raises €63.3 Million to Invest in Bitcoin Holdings

The Blockchain Group, a European firm specializing in digital assets, has issued €63.3 million in convertible bonds for strategic investment. The group plans to dedicate 95% of these funds towards purchasing more Bitcoin, aiming to increase its holdings to over 1,437 units. This move reflects the company’s strategy of establishing itself as a leading Bitcoin Treasury Company and bolstering its digital asset portfolio. The remaining 5% will be allocated for operational expenses.