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The Blockchain Group Raises €7.2 Million in Capital Increase to Boost Bitcoin Treasury Strategy

The Blockchain Group Raises €7.2 Million in Capital Increase to Boost Bitcoin Treasury Strategy

DeFi PlanetDeFi Planet2025/06/17 16:00
By:DeFi Planet

The Blockchain Group (ALTBG), Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, announced a capital increase totalling approximately €7.2 million.

The Blockchain Group (ALTBG), Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, announced a capital increase totalling approximately €7.2 million.

This move is part of its “ATM-type” capital increase program with TOBAM, aimed at expanding its Bitcoin holdings per share over time as part of its broader Bitcoin Treasury Company strategy.

 

🟠The Blockchain Group announces a capital increase totalling ~€7.2 million at an average price of ~€4.49 per share as part of its “ATM-type” capital increase program with TOBAM to pursue its Bitcoin Treasury Company strategy⚡️

Full Press Release (EN): https://t.co/KHPHTT0eeB … pic.twitter.com/f2xgxbi8Ez

— The Blockchain Group (@_ALTBG) June 17, 2025

The capital increase was executed on June 16, 2025, through the issuance of 1,603,306 new ordinary shares at an average subscription price of about €4.49 per share, representing a 20.76% discount compared to the closing price on June 13, 2025. The subscription price was calculated based on the higher of the closing price or volume-weighted average price (VWAP) on the trading day preceding each subscription request, with limitations on the number of shares requested relative to trading volume, as stipulated in the ATM Agreement signed on June 6, 2025.

The capital raise consolidated subscription requests from TOBAM between June 9 and June 13, 2025, with shares allocated across three TOBAM funds: the Bitcoin CO2 Offset Fund, Bitcoin Treasury Opportunities Fund, and BTC Linked and Blockchain Equity Fund, reflecting TOBAM’s growing commitment to The Blockchain Group’s strategy.

This transaction was authorised under the 12th resolution approved by the General Meeting of Shareholders on June 10, 2025, which increased the maximum nominal amount for capital increases under this delegation to €500 million. Shareholders’ preferential subscription rights were waived in favour of TOBAM, enhancing the company’s ability to capitalise on market opportunities swiftly.

According to data from Bitcoin Treasuries, The Blockchain Group currently holds 1,471 BTC on its balance sheet valued at $161.11 million based on current prices. With an eye on the future, the company aims to accumulate 1% of Bitcoin’s total supply, around 170,000 BTC, by 2032.

This move aligns The Blockchain Group with a growing number of European companies strategically increasing their Bitcoin exposure through structured financing mechanisms. Notably, Swedish health tech firm H100 Group recently raised $2.2 million via convertible loans to expand its own BTC reserves.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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