The Blockchain Group plans to raise €7.2 million ($8.3 million) by issuing about 1.6 million new shares at an average price of €4.49 ($5.19) each. The company stated that the proceeds will fund further Bitcoin acquisitions as part of its long-term Bitcoin Treasury strategy.
The €7.2 million capital raise is part of a larger $342 million at-the-market (ATM) program created with French asset manager TOBAM. The Blockchain Group, which is listed on Euronext Growth Paris, describes itself as Europe’s first Bitcoin treasury company.
According to a press release issued by The Blockchain Group, on June 12, 2025, it raised about €9.7 million ($11.2 million) by selling a mix of shares and convertible bonds. The company explained that this money will go toward growing its Bitcoin holdings, as part of its ongoing plan to build a strong Bitcoin treasury.
Bitcoin Treasury Holdings and Strategy
As the first European company to formally adopt a Bitcoin treasury strategy, The Blockchain Group joins a growing number of firms adding Bitcoin to their corporate balance sheets. According to BitcoinTreasuries.NET, the company currently holds 1,471 BTC.
The Block reports this move aligns with a broader global trend, led by MicroStrategy, the largest publicly traded corporate holder of Bitcoin, with 592,100 BTC following its recent acquisition of 10,100 BTC.
The Blockchain Group’s ongoing capital raises reflect its ambition to position itself as a leading force in Europe’s evolving digital asset landscape.
Blockchain Group Bitcoin Treasury Market Performance and Outlook
Shares of The Blockchain Group fell over 4% after market opening, trading at €5.53, according to data from Euronext. The dip coincided with a slight pullback in Bitcoin’s price, which declined 0.42% over the past 24 hours to $106,629, as reported by The Block.
Despite short-term volatility in both equity and crypto markets, the company continues to raise capital and acquire Bitcoin as part of its long-term strategy. Investors and analysts are closely watching the firm’s performance and crypto-related announcements to evaluate how effectively it is executing its bitcoin-focused vision.
