Europe’s First Bitcoin Treasury Company Raises $340M After $68M BTC Buy

Paris-based Blockchain Group, the Blockchain Treasury, announced a plan to raise $340 million on 9 June 2025. This follows its recent purchase of $68 million worth Bitcoin. As of June 2025, the company holds 1471 BTC – a significant position for a European entity – as it doubles down on its Bitcoin strategy in Europe. .. The post Europe’s First Bitcoin Treasury Company Raises $340M After $68M BTC Buy appeared first on 99Bitcoins.

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Jun 11, 2025 - 03:00

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Europe’s First Bitcoin Treasury Company Raises $340M After $68M BTC Buy

Paris-based Blockchain Group, the Blockchain Treasury, announced a plan to raise $340 million on 9 June 2025. This follows its recent purchase of $68 million worth Bitcoin. As of June 2025, the company holds 1471 BTC – a significant position for a European entity – as it doubles down on its Bitcoin strategy in Europe.

Notably, the planned $340 million capital raise could potentially add over 3100 BTC to the company’s treasury.

Much like Michael Saylor and Strategy, the Blockchain group is positioning itself as Europe’s first dedicated Bitcoin treasury firm, having started its BTC acquisition program in November 2024.