Blockchain Group, a Bitcoin Treasury firm backed by renowned crypto expert Adam Back, is launching an innovative fundraising initiative to boost its Bitcoin holdings. The Paris-based company will partner with asset manager TOBAM to raise up to $340 million using a novel share program resembling a traditional ATM offering. This ‘ATM-type’ program allows TOBAM to subscribe to Blockchain Group shares on a daily basis after market close, with each request subject to price and volume limits determined by market conditions. The firm hopes this capital injection will empower them to acquire more Bitcoin (BTC), potentially increasing their holdings by over 3171.46 BTC if successful.