The Blockchain Group Secures Shareholder Approval to Raise Over €10 Billion After €300 Million Capital Raise to Boost Bitcoin Holdings

10 posts • GPT (4.1 mini)

Updated Jun 11, 2025, 08:45 AM

The Blockchain Group, a Paris-based crypto company and Europe’s first Bitcoin treasury firm, has initiated a €300 million ($343 million) capital raise through an "ATM-type" program in partnership with asset manager TOBAM to accelerate its Bitcoin treasury strategy. The capital increase involves daily share issuances priced at the higher of the closing price or volume-weighted average price (VWAP), capped at 21% of trading volume. The company currently holds 1,471 bitcoins and aims to increase its Bitcoin holdings per share. Following this initial initiative, shareholders approved a plan to expand the company’s capital raising capacity to over €10 billion to further acquire Bitcoin, with over 95% support. This approval marks a strategic move to significantly scale The Blockchain Group’s Bitcoin accumulation efforts, positioning it as a major player in the European crypto asset management space. The company’s stock, traded under the ticker ALTBG, saw a 20% price increase following the announcement of the capital raise program.

More breaking stories on DeepNewz — updated live.

#Blockchain Group #Paris #Europe #Bitcoin #TO #European

Financial Analysis

Associated Financial Markets

More financial news and market updates→

Related Prediction Markets

Bitcoin more valuable than any company in 2025?

MicroStrategy purchases >5000 BTC July 8-14?

Will GameStop buy more Bitcoin before August?

•

Sources

Crypto Town Hall

@Crypto_TownHall

EUROPE’S FIRST BITCOIN TREASURY COMPANY GAINS APPROVAL TO RAISE OVER €10B FOR BTC PURCHASES The Blockchain Group, Europe’s first Bitcoin treasury company, has secured shareholder approval to increase its capital raising capacity to over €10 billion, aiming to accelerate

Mario Nawfal’s Roundtable

@RoundtableSpace

JUST IN: EUROPE’S FIRST BITCOIN TREASURY COMPANY, THE BLOCKCHAIN GROUP, SECURES SHAREHOLDER APPROVAL TO BOOST CAPITAL RAISING CAPACITY TO OVER €10 BILLION TO BUY MORE BITCOIN. Source: @Cointelegraph

crypto.news

@cryptodotnews

LATEST: 🇪🇺 Europe's first Bitcoin treasury company, The Blockchain Group, secures shareholder approval to boost capital raising capacity to over €10 billion to buy more Bitcoin.