Paris -based blockchain groups are greatly enhancing Bitcoin games. The company announced plans to raise 300 million euros (about $ 330 million) to raise the Bitcoin Treasury.
Blockchain Group already has more than $ 145 million in Bitcoin. It has called the first dedicated Bitcoin Treasury Company in Europe, and this new impression can play a bigger role in forming institutional encryption adoption throughout the region.
It is worth a closer look at the way they raise funds, partner relations, and the European cryptographic market. While the United States dominates headlines, Europe will quietly set up its own bitcoin power player.
There is something you need to know here.
Borrow from Wall Street’s Playbook
This is why movements make it more interesting -the structure of impression. Inspired by the ATM (ATM) model of the US market, Blockchain Group sells direct stocks based on market prices, trenches and specific limits. Stocks are not dumped at once, but will be announced gradually according to the closing price or volume average price of the previous day. There is also a limit. At that time, it did not exceed 21%of the trading volume.
It is a mechanism designed to raise capital while maintaining market balance. The company plans to start a small scale with € 500,000, where it is scale there.
This kind of fundraising is not generally seen in European encryption companies. Yes. It is a clear sign that the blockchain group wants to play in a much larger field without getting out of the local mold.
The stake has increased with Tobam boardingR
Blockchain groups do not go alone. Cooperate with Tobam, a well -known asset manager, to deal with capital hikes and make funds wisely used. Tobam will help to instruct new capital to growth and profit creation strategies.
This movement is a strategic core of Bitcoin, which is about long -term business development. I want to see it.
Strategic vision comes from the top
Alexandre Laizet, deputy director of the company and Bitcoin Strategic Officer, has been vocals about the impression of social media. He clearly revealed. This is more than just raising the Treasury. It is about global expansion.
He noted that the company pointed out the company’s focus on the group’s yield and outcome, not shaken by managing Bitcoin investment. He believes that the ATM program will further strengthen the role of the company as the best player in the European Bitcoin market.
Valentin Kosanovic reversed the feelings of calling this program a major progress for the company’s global operation. For him, it is to maintain a laser center that makes Bitcoin a driver of core values- “121%”.
Move to the side, fine straight!
Timing is speaking. A few days ago, Microstrategy, the world’s largest company Bitcoin holder, announced plans to raise $ 1 billion for more bitcoin. The impression of the blockchain group can be smaller, but it is a sign that Europe does not sit.
Meanwhile, the US Spot Bitcoin ETF is leaking more than $ 47 million on June 6 alone. However, companies such as the blockchain group are being convicted of long -term guilt without responding to short -term movements.
With this new capital program, Blockchain Group is creating a stake in Europe’s institutional encryption strategy. We are excited about what is next.