<ul><li>Paris-based Bitcoin-focused company, Blockchain Group, aims to raise $340 million through a unique share sale with asset manager TOBAM.</li><li>The company currently holds 1,471 BTC, valued at about $158 million, and plans to invest the raised funds into purchasing more Bitcoin.</li><li>Shares will be sold daily through an 'At The Market' method to avoid market flooding, with no more than 21% of daily trading volume being sold to TOBAM.</li><li>The board has the potential to expand the raise up to €500 million ($570 million) based on shareholder decisions, and if successful, the company could triple its current BTC holdings.</li></ul>

$340M Bitcoin Bet: The Blockchain Group Pushes Institutional Crypto Wave In Europe

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