France’s Blockchain Group Raises €8.65M to Boost BTC Reserves and Strengthen Subsidiaries

Paris-based Blockchain Group has raised €8.65 million to reinforce its Bitcoin treasury reserves and accelerate the growth of its subsidiaries in data analytics, artificial intelligence, and decentralized infrastructure. The company continues to position BTC as a strategic corporate asset.

The Board of Directors authorized a capital increase through the issuance of approximately 3.3 million new shares, resulting in €4.31 million in funding. Lead participants were:

• Robbie van den Oetelaar (€2.56M),
• TOBAM Bitcoin Treasury Opportunities Fund and President Yves Choueifaty (€0.5M each),
• Quadrille Capital (€0.75M).

A subsequent private placement (non-public offering) raised an additional €4.35 million from qualified investors via the sale of roughly 3.4 million shares at €1.27 per share.

The newly secured capital allows the company to continue executing its Bitcoin reserve accumulation strategy. Since the strategic pivot announced in November 2024:

• Share price has appreciated by approximately 900%,
• Including a 120% rise over the past month.

Bitcoin in Corporate Treasuries: Strategy Leads the Pack

Institutional adoption of Bitcoin continues to accelerate, with corporate holdings becoming a mainstream blueprint. The undisputed leader in this space is Strategy, which recently added 7,390 BTC to its balance sheet for $764.9 million. The company now holds a total of 576,230 BTC, with an estimated market value of $60 billion and a cost basis of approximately $40 billion.

Check this out: Saudi Central Bank Invests in Bitcoin via Strategy Shares

Following in the footsteps of firms like Blockchain Group, Japan’s Metaplanet has embraced Bitcoin as a core treasury asset — recently acquiring 1,004 BTC for $104.3 million. That decision has been transformational. Since revealing its Bitcoin strategy about a year ago, Metaplanet’s share price has soared by nearly 1,400%, underscoring the market’s strong response to BTC integration.

What’s Next for Blockchain Group?

Just one week ago, Blockchain Group attracted €12.1 million in fresh funding from none other than Adam Back, the CEO of Blockstream and inventor of Hashcash, the proof-of-work system that laid the groundwork for Bitcoin. Back received convertible debt instruments, which can convert into shares at a €0.70 price, contingent on certain conditions — signaling long-term confidence in the company’s Bitcoin-centric future.

Read on: DigiAsia Introduces Bitcoin Reserve as Part of Treasury Diversification Plan

The Blockchain Group is set to enter Euronext Growth Paris once legal formalities are finalized. Market observers note that if the company successfully manages its BTC treasury and scales its ecosystem, it may well evolve into the “European version of Strategy”.