#Blockchain Group Raises $8.3 Million Through Share Issuance for $BTC Treasury Expansion


The European $BTC treasury company has announced a new capital raise as part of a larger acquisition strategy.


The Blockchain Group plans to issue 1.6 million new shares at €4.49 ($5.19) per share.


This €7.2 million ($8.3 million) raise is part of their previously announced $342 million program.


The company currently holds 1,471 $BTC, according to data from   Bitcointreasuries.net.


Last week, they also announced a €300 million ATM program with French asset manager TOMAB.


Company shares fell by more than 4% following the announcement, trading at €5.53.


The move follows the growing trend of corporate #Bitcoin adoption strategies.


MicroStrategy remains the largest corporate holder, with 592,100 $BTC after Monday's latest purchase.

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June 18, 2025 at 12:38 AM
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