Internet reports that the European listed company The Blockchain Group received shareholder approval on June 10 to launch a financing plan of 11 billion euros to accelerate its bitcoin holdings strategy. The proposal was passed with a support rating of more than 95%, authorizing companies to expand Bitcoin reserves by issuing flexible financing instruments such as stocks and bonds. New deputy CEO Alexandre Laizet will lead the Bitcoin strategy, with a board of directors until 2030. The company's CEO said that the move will promote deeper synergy between the Bitcoin reserve strategy and main businesses such as data intelligence and AI consulting. It is reported that The Blockchain Group currently holds 1471 bitcoins (approximately US$160 million) and announced earlier this month that it has established a 300 million euro ATM (mark-to-market) financing mechanism with asset management company TOBAM.