TechFlow news, June 27 — According to an official announcement, CRYPTO BLOCKCHAIN INDUSTRIES (CBI), a French-listed company in the blockchain and cryptocurrency sector, has announced the implementation of a non-dilutive shareholder loan of up to 20 million euros to purchase Bitcoin and mining equipment.
CBI stated that the funds raised will be used to acquire Bitcoin, aligning with its ACE strategy (Acquire, Create, Earn), which aims to increase exposure to crypto assets through a combination of direct acquisitions, development of blockchain-based environments, and revenue from mining operations.
CBI is a French company listed on Euronext Growth, aiming to build the largest possible portfolio of Bitcoin and other crypto assets through its ACE strategy.
