Blockchain Group (Altbg), a company in Paris Bearing Listed, which focuses on data information and decentralized technologies, has issued a 63.3 million euros ($ 71.9 million) in convertible bonds to promote its Bitcoin

Treasury strategy.

This financing, which is performed through its Luxembourg subsidiary, highlights a significant push towards expanding the company’s BTC reserves and reinforcing its investor base.

A key component of the agreement includes a $ 5.7 million BTC-denominated bond enrolled by Moonlight Capital, issued at a 30% premium according to the 23rd of May closure rate ($ 4.3/share).

The company also completed the exercise of all rights to convertible bonds B-02 (“Oca Tranche 2”), originally reserved for strategic investors Fulgur Ventures and UTXO management to $ 0.79/stock, a total of $ 66 million.

In particular, investor Adam Back has converted all its OCA Tranche 1 bonds to 14.88 million shares, which strengthens long-term adaptation to the company’s vision. These capital inflows are expected to finance the acquisition of the 590 BTC, which potentially increases the blockchain groups to approx. 1,437 BTC.