BD Multimedia raises €1 million to launch Bitcoin Vault strategy, receives French regulatory approval

BD Multimedia (Euronext: ALBDM), a listed fintech company headquartered in Paris, France, announced that it has successfully completed 1 million euros in financing through the issuance of convertible bonds (OCA), officially launching its "Bitcoin Treasury Company" strategy. The funds raised will be 100% invested in Bitcoin, aiming to make Bitcoin a long-term reserve as the company's core strategic asset.

According to the announcement, the conversion price of the convertible bonds issued this time is set at 12 euros per share, which is a 48.1% premium compared to BD Multimedia's current share price, showing investors' recognition of the company's long-term strategy. Management said that the dilution rate of this financing is controlled within 1%, effectively protecting the rights and interests of existing shareholders.

The strategy has been approved by the French financial regulator, the French Prudential Supervision and Resolution Authority (ACPR) and the Digital Asset Service Provider Registry (PSAN), providing a basic guarantee for its promotion of digital asset investment under a compliant framework.

BD Multimedia said that the inclusion of Bitcoin in its balance sheet is an important step towards its transformation into blockchain finance. The company believes that digital assets, especially Bitcoin, have become an emerging tool to hedge against the depreciation of legal currencies and realize asset storage in the current macro-financial environment. This financing and strategic deployment marks the company's further extension from traditional financial technology companies to digital asset-driven businesses.

According to company information, BD Multimedia was founded in 1986. In recent years, it has gradually expanded from the telecommunications and payment fields to financial technology and blockchain innovation. Its subsidiaries cover payment processing, virtual asset trading and compliant financial services.

At present, BD Multimedia has joined a group of European companies that have adopted Bitcoin as a reserve asset. Similar to US stock companies such as MicroStrategy, it intends to enhance its asset structure's risk resistance and long-term value reserves through a currency holding strategy.