The tech company BD Multimedia raised 1 million euros to invest entirely in Bitcoin

ChainCatcher news, French fintech company BD Multimedia announced the successful raising of 1 million euros through the issuance of convertible bonds (OCA) to launch its "BTC Finance 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 will comply with the ACPR and PSAN regulatory framework.