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Adam Back-Backed The Blockchain Group Secures $71.9M via Convertible Bond to Advance BTC Strategy

  • The Blockchain Group S.A., a European company, completed a €63.3 million convertible bond issuance on May 26 to expand its Bitcoin holdings.
  • The fundraising aimed to strengthen the company’s Bitcoin treasury by acquiring more BTC, with investors including Fulgur Ventures and Moonlight Capital.
  • The funds enabled the purchase of approximately 590 additional Bitcoins, increasing the group's total holdings to about 1,437 BTC held by Swissquote Bank Europe.
  • Bitcoin’s market showed positive momentum with a record weekly close above $109,000 and $2.97 billion cash inflows led by spot BTC ETF issuers last week, according to CoinShares data.
  • This bond issuance marks a significant step toward integrating cryptocurrencies into regulated finance and may encourage broader institutional adoption and similar future initiatives.
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Bitcoinsensus broke the news in on Monday, May 26, 2025.
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