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The latest announcement is out from Blockchain Group SA ( (FR:ALTBG) ).
The Blockchain Group has received overwhelming shareholder approval to increase its capital raising capacity by over 300 million euros to accelerate its Bitcoin Treasury Company strategy. During an Extraordinary General Meeting, the shareholders voted in favor of financial delegations granting the Board of Directors the power to issue shares, which will support the company’s strategic growth and operational development.
More about Blockchain Group SA
The Blockchain Group, with ISIN code FR0011053636 and mnemonic code ALTBG, is the first Bitcoin Treasury Company in Europe. It operates subsidiaries that specialize in consulting and development in data intelligence, AI, and decentralized technologies.
YTD Price Performance: 48.21%
Average Trading Volume: 3,035
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €39.09M
See more insights into ALTBG stock on TipRanks’ Stock Analysis page.
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