The Blockchain Group plans to raise approximately $7 million to advance its Bitcoin asset management strategy
Odaily Planet Daily News: According to monitoring by NLNico, the European listed company The Blockchain Group plans to raise approximately $7 million through two capital increase transactions to advance its Bitcoin asset management company strategy. This includes issuing approximately €1.1 million worth of shares at around €3.95 per share under an "ATM-type" agreement signed with TOBAM; as well as a private placement of approximately €5 million, fully subscribed by Adam Back, at an issue price of about €4.01 per share.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jefferies raises Tesla's target price to $400
Goldman Sachs (GS.US) stock plunges 22% into bear market, financial report becomes the key to a breakthrough
Goldman Sachs' market value evaporated by several billions, with its share price down more than 22% from the year's high. Despite Q3 revenue exceeding expectations, a 41% drop in M&A activity and a slowdown in IPOs have dampened market sentiment. Analysts project a 12% revenue increase in Q4, but technical indicators suggest there is further downside risk to $783. Rumors about management transitions have also drawn attention.
Crypto prices
More
