Blockchain Group secures 6,000,000 EUR to expand Bitcoin treasury with Adam Back and TOBAM

The Blockchain Group successfully raised 6,000,000 EUR from two capital increases finalized on July 14. The funding will strengthen its Bitcoin-focused strategy, enhancing Bitcoin reserves per share.

Adam Back acquired 1,248,439 shares at 4.005 EUR each, totaling 5,000,000 EUR, while TOBAM purchased 282,201 shares at 3.9493 EUR, showcasing strong investor confidence.

Adam Back now owns 12.56% of the total share capital with over 17 million shares, and TOBAM holds 4.87%. The funding will support potential increases in BTC holdings.