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- #Gate Ranks Top 4 Exchange#
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 🎁 Gate Alpha Airdrop Alert!
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The Blockchain Group plans to raise 11 million euros to increase its Bitcoin holdings.
According to Gate News bot, NLNico reports that The Blockchain Group is planning to raise 11 million euros through equity and Convertible Bond to increase its holdings in Bitcoin.
The convertible bonds issued by the company this time do not include preferential subscription rights, with a conversion price of 5.174 euros per share. Among them, TOBAM and Adam Back subscribed for 5 million euros each.
At the same time, The Blockchain Group will also increase its capital by an additional 1 million euros based on the "ATM-type" capital increase agreement signed with TOBAM.