The Blockchain Group—Europe’s first publicly traded company dedicated to holding Bitcoin as a treasury asset—has announced a fresh €7.2 million (~$8.3 million) capital raise to expand its crypto reserves. The move is part of a broader $342 million at-the-market (ATM) program aimed at reinforcing the firm’s long-term position in the digital asset ecosystem.
According to a statement released today, roughly 1.6 million new ordinary shares will be issued at an average price of €4.49 (~$5.19) per share. These shares will be listed on Euronext Growth Paris, where The Blockchain Group is already publicly traded.

The raise underscores the firm’s deepening commitment to Bitcoin as a strategic treasury reserve—mirroring similar moves by U.S. pioneers like MicroStrategy. It also signals a growing trend among European corporates to adopt crypto treasury models amid tightening macroeconomic conditions and rising institutional interest in digital assets.
Capital Boost Follows $342M Bitcoin Treasury Program
The €7.2 million raise follows a €300 million (~$342.5 million) ATM program announced last week in partnership with French asset manager TOMAB, an existing shareholder. The ATM structure allows The Blockchain Group to raise capital gradually, deploying funds to accumulate Bitcoin on a flexible, on-demand basis.
Just days earlier, the company secured an additional €9.7 million (~$11.2 million) through a mix of equity and convertible bond offerings—further strengthening its crypto treasury play.
The Blockchain Group currently holds 1,471 BTC, according to Bitcointreasuries.net. This aggressive accumulation strategy places it among Europe’s top public Bitcoin holders and reflects its broader ambition to build out blockchain infrastructure alongside long-term crypto exposure.
Stock Dips as The Blockchain Group Doubles Down on Bitcoin
Shares of The Blockchain Group fell more than 4% following news of the raise, trading at €5.53 at the time of writing, according to data from Euronext. Despite the dip, trading activity remains elevated, with investors recalibrating expectations around the company’s bold treasury allocation strategy.
The firm joins a rising number of publicly traded companies turning to Bitcoin as a macro hedge and strategic asset. While The Blockchain Group is a clear leader in the European market, it still trails MicroStrategy by a wide margin. The U.S. firm, led by Bitcoin evangelist Michael Saylor, made headlines again this week with a new 10,100 BTC acquisition—bringing its total holdings to a staggering 592,100 BTC.
Meanwhile, Bitcoin itself has held relatively stable, dipping just 0.42% over the past 24 hours to $106,629. The subdued market reaction suggests that long-term adoption signals—rather than short-term volatility—are driving investor sentiment.
Quick Facts
- The Blockchain Group is raising €7.2 million (~$8.3 million) through new share issuance to scale its Bitcoin treasury strategy.
- This is part of a broader €300 million (~$342.5 million) at-the-market program launched in partnership with asset manager TOMAB.
- The company currently holds 1,471 BTC and has raised an additional €9.7 million (~$11.2 million) through equity and bonds this month.
- Its shares dropped 4% after the raise, while Bitcoin remains steady around $106,629, reflecting broader confidence in long-term institutional adoption.