TechFlow news, July 15 — According to an official announcement, The Blockchain Group (ALTBG) today announced the completion of two capital increases totaling approximately 6 million euros to advance its bitcoin treasury strategy. The first round raised about 1.1 million euros through an "ATM-type" agreement with TOBAM at a price of approximately €3.95 per share. The second round was fully subscribed by Bitcoin technology expert Adam Back for about 5 million euros at a price of €4.01 per share. This financing will increase the company's potential Bitcoin holdings by approximately 50 BTC, bringing total holdings to 1,983 BTC. Upon completion of the transactions, the company's pre-dilution equity per share will increase from €0.38 to €0.42.
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