the European listed company The Blockchain Group obtained shareholder approval on June 10 to launch a 11 billion euro financing plan to accelerate its bitcoin holding strategy. The proposal was approved with a support rate of over 95%, authorizing the company to expand its bitcoin reserves through the issuance of stocks, bonds, and other flexible financing tools.

The newly appointed Deputy CEO Alexandre Laizet will lead the bitcoin strategy, with his board term extending until 2030. The company's CEO stated that this move will drive a deeper synergy between the bitcoin reserve strategy and its core businesses such as data intelligence and AI consulting.

It is reported that The Blockchain Group currently holds 1471 bitcoins (approximately $160 million) and earlier this month announced the establishment of a 3 billion euro ATM (issued at market price) financing mechanism with asset management company TOBAM.