Techub News reports that the European listed company The Blockchain Group announced a collaboration with asset management firm TOBAM to launch a 300 million euro capital increase plan "at market price", with the raised funds to be used for increasing Bitcoin holdings. The capital increase will be carried out in batches, with a total amount of 300 million euros (including issuance premium). According to TOBAM's requirements, pricing will be based on the higher of the previous trading day's closing price or volume-weighted average price, and will not exceed 21% of that day's trading volume.
The Blockchain Group and asset management company TOBAM launched a 300 million euro capital increase plan, and the funds raised will be used to increase Bitcoin holdings
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