The Blockchain Group (Altbg), a company listed by Paris focused on data intelligence and decentralized technologies, issued 63.3 million euros ($ 71.9 million) in convertible bonds to continue its bitcoin
Treasury strategy.
This financing, executed through its subsidiary of Luxembourg, highlights an important thrust to extend the company’s BTC reserves and strengthen its investor base.
A key element of the agreement includes an obligation labeled in BTC of $ 5.7 million subscribed by Moonlight Capital, issued to a bonus of 30% compared to the closing price of May 23 ($ 4.3 / Action).
The company also finalized the exercise of all rights for convertible b-02 obligations (“OCA TRAISE 2”) initially reserved for strategic investors Fulgur Ventures and UTXO Management at $ 0.79 / share, totaling $ 66 million.
In particular, the investor Adam Back has converted all of his OCA bonds for 1 into 14.88 million shares, strengthening long -term alignment with the company’s vision. These capital entries should finance the acquisition of 590 BTC, potentially increasing the assets of the Blockchain group to around 1,437 BTC.
