Blockchain Group Plans ATM-Style Fundraise to Strengthen Bitcoin Position

TL;DR Paris-based Blockchain Group plans to raise €300 million (approximately $340 million) to increase its Bitcoin reserves. The fundraising will follow an ATM (At-The-Market) model, releasing shares in controlled tranches to avoid market disruption. Asset manager TOBAM will oversee the process, helping to position Blockchain Group as a leading player in Europe’s institutional crypto space. source: https://crypto-economy.com/blockchain-group-plans-atm-style-fundraise-to-strengthen-bitcoin-position/