US EditionThe Blockchain Group Unveils $343 Million Capital Program to Boost Bitcoin Treasury Strategy
- In early June 2025, ALTBG, listed on Euronext Growth Paris, revealed a €300 million capital increase initiative in collaboration with asset manager TOBAM to grow its Bitcoin treasury holdings.
- The program operates under a February 2025 shareholder resolution that authorizes additional funding targeted at investors in fintech and blockchain sectors, and it extends the company’s Bitcoin acquisition approach initiated in November 2024.
- The capital raise uses a flexible At-The-Market model allowing TOBAM to subscribe daily at prices based on prior-day close or VWAP, capped at 21% of daily trading volume, with weekly aggregated executions.
- If the offering is fully subscribed at around €4.10 each, TOBAM stands to emerge as the largest investor, potentially reducing the ownership percentages of existing stakeholders like Adam Back and Fulgur Ventures, while also affecting the amount of bitcoins allocated per share.
- This program enables The Blockchain Group to sustainably grow its Bitcoin holdings per share and could influence European institutional crypto adoption and macroeconomic digital asset policies.
19 Articles
19 Articles
France’s The Blockchain Group Secures €9.7 Million More For Its Bitcoin Treasury Strategy
Today, The Blockchain Group (ALTBG), listed on Euronext Growth Paris and recognized as Europe’s first Bitcoin Treasury Company, announced it has raised around €9.7 million through a mix of equity and convertible bond issuances. This move is part of their continued push to build out their Bitcoin Treasury Company strategy. The funding comes from multiple sources and was carried out through their wholly-owned Luxembourg subsidiary, “The Blockchain…
This strategy is in line with the logic of aligning interests between Tobam and The Blockchain Group, whose aim is to increase the amount of bitcoins per share and to finance its developments in the areas of AI, data and blockchain.
The Blockchain Group’s Raise Strengthens The Case For Bitcoin As A Corporate Treasury Asset
The Blockchain Group, a Paris-based cryptocurrency company and Europe’s first Bitcoin treasury firm, announced on June 9, 2025, plans to raise €300 million (approximately $340 million) to expand its Bitcoin treasury. This follows a recent acquisition of $68 million worth of Bitcoin, bringing their total holdings to 1,471 BTC, valued at over $154 million. The […] The post The Blockchain Group’s Raise Strengthens The Case For Bitcoin As A Corporat…
Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions – MAXBIT
The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier. During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a...
The Blockchain Group announces the setting up of a 300 million euro financing line. Cotted on Euronext Growth, the company plans to use these funds to support its Bitcoin-based strategy. Article 300 million euros: The Blockchain Group continues to raise funds to accumulate a maximum of Bitcoins has appeared first on Cryptoast.
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium
