PANews reported on June 11 that according to Cryptoslate, European listed company The Blockchain Group was approved by shareholders on June 10 to launch a 10 billion euro financing plan to accelerate its Bitcoin purchase strategy. The resolution was passed with over 95% support and will allow the company to increase its holdings of Bitcoin through flexible financing tools such as issuing stocks and bonds. New deputy CEO Alexandre Laizet will lead the Bitcoin strategy and his board term will last until 2030. The company's CEO said that this move will promote the coordinated development of the Bitcoin reserve strategy and existing main businesses such as data intelligence and AI consulting.

It is reported that the company currently holds 1,471 bitcoins (about US$160 million) and announced in early June that it had established a 300 million euro ATM (issued at market price) financing mechanism with TOBAM Asset Management.