The Blockchain Group, Europe's first Bitcoin Treasury company, has announced a capital increase amounting to approximately €7.2 million as part of its fundraising program.
Description of Capital Increase
The capital increase was executed on June 16, 2025, through the issuance of 1,603,306 new ordinary shares at an average subscription price of about €4.49 per share, representing a 20.76% discount compared to the closing price on June 13, 2025.
Company Strategy
This move is part of an 'ATM-type' capital increase program with TOBAM, aimed at gradually increasing Bitcoin holdings per share as part of the company's broader Bitcoin Treasury strategy.
Market and Future Bitcoin Accumulation
Currently, The Blockchain Group holds 1,471 BTC on its balance sheet valued at $161.11 million. The company aims to accumulate 1% of Bitcoin’s total supply, approximately 170,000 BTC, by 2032.
This capital increase reflects The Blockchain Group's ambition to enhance its presence in the Bitcoin market, aligning with growing trends among European companies in venture and structured financing.
