Cointime

Download App
iOS & Android

Technology Company BD Multimedia Raises 1 Million Euros, Investing All in Bitcoin

French financial technology company BD Multimedia announced that it has successfully raised 1 million euros through the issuance of convertible bonds (OCA) to launch its "BTC Financial Company" strategy. The company plans to invest all funds in Bitcoin, with a conversion price of 12 euros, a premium of 48.1% over the market price. This strategy will keep the dilution rate below 1% and comply with the ACPR and PSAN regulatory frameworks.

Comments

All Comments

Recommended for you