French publicly listed company CBI will implement a up to 20 million euros loan, used to purchase Bitcoin and mining equipment

BlockBeats News, June 27th, French publicly traded company CRYPTO BLOCKCHAIN INDUSTRIES (CBI) announced that it will carry out a maximum 20 million euros (approximately 23.4 million dollars) non-dilutive shareholder loan, the proceeds of which will be used to purchase Bitcoin and mining equipment. CBI officials stated that this move is in line with its ACE strategy (Acquire, Create, Earn), which will increase exposure to crypto assets through a combination of direct acquisitions, developing blockchain-based initiatives, and mining business revenue.