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CRYPTO BLOCKCHAIN INDUSTRIES to implement a non-dilution shareholder loan of up to $23.4 million for Bitcoin purchase
According to Foresight News, French listed company CRYPTO BLOCKCHAIN INDUSTRIES will implement a non-dilution shareholder loan of up to $23.4 million, with a one-year term of 8% annual interest rate, which will be used to purchase Bitcoin. Its major shareholder, Ker Ventures SARL, will sell stake blocks and provide net proceeds to CBl in the form of non-diluted shareholder loans to actively support its Bitcoin acquisition strategy.
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