""The funding comes from multiple sources and was carried out through their wholly-owned Luxembourg subsidiary, 'The Blockchain Group Luxembourg SA.'"},{"
The Blockchain Group (ALTBG) has successfully raised approximately €9.7 million through equity and convertible bond issuances to enhance its Bitcoin Treasury strategy. The funding, primarily via a €6 million convertible bond issued to TOBAM, reflects a 30% premium over the stock's last closing price. Significant contributions include €2.4 million from Ludovic Chechin-Laurans and Adam Back's conversion of bonds into shares, indicating heightened investor interest and strategic positioning in the volatile Bitcoin market.
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