On June 9, 2025, the Paris-based Blockchain Group announced its ambition to raise $340 million, following a significant $68 million acquisition of Bitcoin. This strategic move marks a major development in the company’s cryptocurrency endeavors, as it currently holds 1,471 BTC, positioning itself as a leading Bitcoin treasury firm in Europe.
The freshly planned capital increase could potentially secure them an additional 3,100 BTC, reinforcing their commitment to Bitcoin growth. The Blockchain Group aims to mirror the successful strategies of figures like Michael Saylor, actively acquiring BTC since November 2024.
🇫🇷 French company The Blockchain Group to raise €300 Million to buy more Bitcoin 🙌 pic.twitter.com/yTeBK0A2Pv
This development resonates with the growing institutional interest in cryptocurrency within Europe, highlighting ongoing crypto adoption in the region. A recent study indicated that only 40% of European financial institutions have ventured into cryptocurrency investments, suggesting ample opportunity for growth in this arena.
Key Insights
- Blockchain Group’s initiative to raise $340 million highlights the increasing institutional interest in cryptocurrencies in Europe.
- The plans come as crypto adoption steadily rises in Europe, suggesting significant potential for future expansion.
