The Blockchain Group has announced a substantial €11 billion funding initiative aimed at bolstering its Bitcoin purchase strategy. This plan received overwhelming support from shareholders, with over 95% approval.
Guided by new deputy CEO Alexandre Laizet, the initiative will utilize various financial tools, including stocks and bonds, to enhance Bitcoin holdings and align them with the company’s existing operations.
Analysts speculate this strategic move may influence competitors in Europe as the Blockchain Group aims to merge Bitcoin reserves with its core business sectors. As of June 11, 2025, Bitcoin is trading at approximately 109,618.86 USD.
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