Adam Back-Backed The Blockchain Group Secures $71.9M via Convertible Bond to Advance BTC Strategy
- The Blockchain Group S.A., a European company, completed a €63.3 million convertible bond issuance on May 26 to expand its Bitcoin holdings.
- The fundraising aimed to strengthen the company’s Bitcoin treasury by acquiring more BTC, with investors including Fulgur Ventures and Moonlight Capital.
- The funds enabled the purchase of approximately 590 additional Bitcoins, increasing the group's total holdings to about 1,437 BTC held by Swissquote Bank Europe.
- Bitcoin’s market showed positive momentum with a record weekly close above $109,000 and $2.97 billion cash inflows led by spot BTC ETF issuers last week, according to CoinShares data.
- This bond issuance marks a significant step toward integrating cryptocurrencies into regulated finance and may encourage broader institutional adoption and similar future initiatives.
19 Articles
19 Articles
Adam Back-Backed The Blockchain Group Secures $71.9M via Convertible Bond to Advance BTC Strategy
The Blockchain Group (ALTBG), a Paris-listed firm focused on data intelligence and decentralized technologies, has issued a 63.3 million euro ($71.9 million) in convertible bonds to further its bitcoin BTC treasury strategy. This financing, executed through its Luxembourg subsidiary, highlights a significant push towards expanding the company's BTC reserves and reinforcing its investor base.A key component of the deal includes a $5.7 million BTC…
Blockchain Group’s Bitcoin Treasury Strategy Strengthens Its Position As A Crypto Pioneer
The Blockchain Group, a Paris-based company listed on Euronext Growth Paris (ticker: ALTBG) and recognized as Europe’s first Bitcoin Treasury Company, raised €63.3 million ($72 million) through convertible bond issuances to bolster its Bitcoin holdings. The issuance, executed via its Luxembourg subsidiary, The Blockchain Group Luxembourg SA, aims to acquire approximately 590 additional Bitcoin, increasing […] The post Blockchain Group’s Bitcoin …
The Blockchain Group Raises €63.3M To Expand Bitcoin Holdings - FinanceFeeds
The Blockchain Group, a Paris-listed technology company, has successfully raised €63.3 million (approximately $72 million) through a convertible bond issuance to significantly boost its Bitcoin holdings. This strategic capital raise will enable the company to acquire around 590 additional Bitcoins, increasing its total holdings to approximately 1,437 BTC. The firm has declared a long-term ambition of acquiring up to 1% of the total Bitcoin suppl…
Blockchain Group Raises $72M to Expand Bitcoin Holdings
Catenaa, Tuesday, May 27, 2025- The Blockchain Group, a France-based tech and consulting firm, has completed a $72 million (€63. 3 million) bond issuance to accelerate its Bitcoin accumulation strategy, the company announced yesterday, Monday 26. The firm said proceeds from multiple convertible...
Blockchain Group Buys 590 BTC via €63.3M Bonds
The Blockchain Group adds 590 BTC via €63.3 million bond issuance. Total BTC holdings now exceed 1,400, signaling a strong treasury strategy. Institutional investors back the move, reinforcing market confidence. The Blockchain Group S.A., a leading European blockchain firm, has taken another bold step toward cementing its position as a major corporate Bitcoin holder. On May 27, 2025, the firm announced a successful issuance of €63.3 million in c…
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