TLDR
- The Blockchain Group aims to raise €7.2 million for Bitcoin.
- Previous raise in June 2025 totaled €9.7 million for Bitcoin.
- Company holds 1,471 BTC valued at approximately $154 million.
The Blockchain Group, a company listed on Euronext Growth Paris (ALTBG), has announced plans to raise €7.2 million ($8.3 million) to enhance its Bitcoin treasury. This announcement follows previous capital raises in June 2025, as the company aims to expand its position as Europe’s first Bitcoin Treasury company.
Based in Paris, The Blockchain Group has partnered with TOBAM, an institutional asset manager and long-term strategic partner since 2017, to structure these capital raises. The primary focus of this financial maneuver is to acquire more Bitcoin for the company’s treasury.
June 2025 Capital Raises for Bitcoin Acquisition
In June 2025, The Blockchain Group raised a total of €9.7 million (~$10.5 million) through equity and convertible bond issuance. This was structured with the help of TOBAM, which subscribed €6 million in convertible bonds. Ludovic Chechin-Laurans contributed €2.4 million in Bitcoin.
The funds from these capital raises are dedicated to acquiring additional Bitcoin to bolster the company’s BTC treasury holdings. This ongoing strategy underscores the company’s commitment to strengthening its position in the Bitcoin market.
TOBAM’s Involvement and Strategic Partnership
TOBAM’s involvement in The Blockchain Group’s recent capital raises confirms its role as a key financial partner. The Paris-based asset manager, known for its early adoption of Bitcoin investment products, continues to support The Blockchain Group’s financial endeavors.
The partnership includes a €300 million ($342 million) capital raise as a flexible At-The-Market (ATM) facility. With TOBAM subscribing for shares at market trading prices, this facility is an innovative approach to capital raising and BTC acquisition.
Impact on Bitcoin Market and Institutional Confidence
This strategy aligns The Blockchain Group with other prominent BTC holders, such as MicroStrategy. These capital allocations by large public entities often correlate with increased institutional confidence in Bitcoin and can occasionally signal bullish trends in crypto markets.
The company’s exclusive focus on Bitcoin, with no current moves into DeFi or altcoin exposure, reinforces its strategy centered on the leading cryptocurrency. The recent increase in BTC holdings to 1,471 BTC (~$154 million) reflects their aggressive accumulation approach.
Compliance and Market Implications
While no specific responses from regulators like ESMA or the French AMF have been published regarding this raise, the event aligns with European market fundraising norms. The Blockchain Group’s compliance with public disclosure requirements further validates its strategy.
The commitment to Bitcoin reflects a focus on financial infrastructure based on hard money principles. Official communications emphasize the company’s scaling strategy for its Bitcoin treasury through regulatory-approved structures.
| Disclaimer: The content on defiliban.com is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |
