Share this article
The Blockchain Group Raises $13M to Advance Bitcoin Treasury Vision
Capital increase and convertible bonds attract key investors.
Jul 1, 2025, 11:08 a.m.
What to know:
- The Blockchain Group raised about €11 million ($13 million) through a €1 million capital increase and €10 million in convertible bonds to expand its Bitcoin Treasury Company strategy.
- Key investors include TOBAM and Bitcoin pioneer Adam Back, both subscribing to the convertible bonds at a 30 percent premium.
The Blockchain Group (ALTBG), listed on Euronext Growth Paris has secured roughly 11 million euros ($13 million) in fresh funding as it doubles down on becoming Europe’s first bitcoin treasury company.
This strategic move underscores the firm’s commitment to growing its bitcoin holdings relative to its share count, aiming to deliver long-term value to investors through exposure to digital assets.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Part of the fundraising included $1.18 million capital increase at 5.251 euro per share, completed under an “ATM-type” agreement with asset manager TOBAM.
In parallel, the company’s wholly owned Luxembourg subsidiary issued 10 million euros ($11.8 million) in convertible bonds, priced at 5.174 euro per share, reflecting a 30 percent premium over the June 27 closing price. TOBAM subscribed for 5 million euros while bitcoin pioneer Adam Back invested around 5 million euros.
The Blockchain Group currently hold 1,794 BTC, while the share price is up 1% on Tuesday.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
XRP higher after early dip as buyers step in near $1.80
Institutional interest in Ripple-linked assets remains strong, though overall market participation is limited.
What to know:
- XRP rose 4.26% to $1.85, recovering from early losses despite low trading volume.
- VivoPower's partnership to acquire Ripple Labs equity indirectly boosted sentiment toward XRP.
- Institutional interest in Ripple-linked assets remains strong, though overall market participation is limited.
Top Stories
