Tech company BD Multimedia raises 1 million euros to invest in bitcoin
2025-06-19 03:22:23
French fintech company BD Multimedia has announced that it has successfully raised 1 million euros through the issuance of convertible bonds (OCA), launching its "BTC Treasury Company" strategy. The company plans to invest all its funds in bitcoin at a conversion price of 12 euros, a 48.1% premium to the market price. The strategy will control the dilution rate to within 1% and follow the ACPR and PSAN regulatory frameworks.
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