According to the official announcement, The Blockchain Group (Euronext code: ALTBG), the first listed company with Bitcoin reserves in Europe, completed two rounds of convertible bond issuance through its wholly-owned subsidiary in Luxembourg: the first round of 5 million euros was subscribed by Moonlight Capital, with a conversion price of 3.809 euros per share (30% premium over the closing price on May 23); the second round of 58.3 million euros was subscribed by Fulgur Ventures (55.3 million euros) and UTXO Management (3 million euros), with a conversion price of approximately 0.707 euros per share. All bonds were subscribed in the form of Bitcoin, and it is expected that 590 BTC will be added, bringing the company's potential total Bitcoin holdings to 1,437. This financing continues its "Bitcoin Finance Company" strategy, that is, while developing data intelligence and AI businesses, it continues to increase Bitcoin holdings, with the goal of increasing Bitcoin reserves per share.
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and take advantage of Moore's Law to design a new system.
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they have been given an absolutely fair opportunity.
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