The Blockchain Group in Paris to raise over $340 million to buy more Bitcoin
The Blockchain Group is a company in France. It plans to raise €300 million, or about $342 million. This will help increase its Bitcoin holdings. This shows that more institutions in Europe are adopting cryptocurrency. The firm is Europe’s first Bitcoin treasury company. It plans to use a fundraising method similar to the U.S. “At the Market” (ATM) model. This means issuing shares based on market conditions. The price is