PANews reported on June 19 that BD Multimedia ($ALBDM), a fintech company headquartered in Paris, France, successfully raised 1 million euros through the issuance of convertible bonds (OCA), officially launching the "Bitcoin Treasury Company" strategy. The funds raised will be 100% invested in Bitcoin, with a conversion price of 12 euros (48.1% premium over the current price), and the dilution rate will be controlled within 1%. The strategy has been approved by the French ACPR and PSAN regulators.

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