The Blockchain Group strengthens its strategy with a capital increase

The Blockchain Group announced a €8.6 million capital increase to support its Bitcoin Treasury Company strategy. The transaction was carried out through a Reserved Capital Increase and a Private Placement, at a premium to the average share price over the last twenty days. The share price was set at €1.279, despite high volatility, representing a discount of 46.26% compared to the recent close.

The Board of Directors has waived the preferential subscription right, with shares being reserved for specific investors. This move is part of the company's desire to accelerate Bitcoin accumulation and the development of subsidiaries in decentralized technologies. Upon completion of the transactions, the share capital will reach €4.367 million, divided into 109 million shares.