The Blockchain Group Raises €6 Million to Expand Bitcoin Treasury

The Blockchain Group, a France-based tech and crypto firm and Europe’s first Bitcoin Treasury Company, has raised approximately €6 million to advance its Bitcoin-focused corporate strategy. This capital increase includes €1.1 million secured through an ATM-type agreement with digital asset manager TOBAM and €5 million fully subscribed by Bitcoin pioneer Adam Back, CEO of Blockstream. The funds are intended to boost the company's Bitcoin reserves, enabling the acquisition of around 50 additional BTC, raising total holdings to nearly 1,983 BTC valued at about €174.8 million. The company aims to increase Bitcoin exposure per share over time, positioning its stock as an indirect investment in BTC for European investors and reinforcing its long-term conviction in Bitcoin as a treasury asset. The Blockchain Group is publicly listed on Euronext Growth Paris, providing transparency and regulatory oversight, and counts institutional and executive shareholders alongside Adam Back and TOBAM. This move reflects a broader institutional trend of adopting Bitcoin as a diversification strategy, inflation hedge, and future-proofing asset within corporate treasuries.