The Blockchain Group aims to raise €10 billion for its Bitcoin acquisition plan

The Blockchain Group, a company listed on Euronext Growth Paris, aims to raise €10 billion to fund its Bitcoin storage strategy.

The Blockchain Group Aims To Raise €10 Billion For Its Bitcoin Acquisition Plan

The Blockchain Group, a company listed on Euronext Growth Paris, will hold a shareholder meeting on June 10, 2025, to seek approval for a plan to raise €10 billion to boost its Bitcoin-focused strategy. If approved, the company will become the first “Bitcoin Treasury Company” in Europe, marking a turning point in strengthening its market position and reshaping the way Bitcoin is stored and utilized in an increasingly competitive landscape.

The €10 billion fundraising plan of The Blockchain Group is compared to the bold Bitcoin investments made by MicroStrategy and Tesla in the past. Analysts believe that focusing entirely on Bitcoin, excluding altcoins, demonstrates a clear long-term strategic vision that could have a significant impact on the cryptocurrency market. Although the company has not issued an official comment, interest from speculators has begun to heat up, signaling potential volatility.

Related: Donald Trump’s Company Files to Launch Spot Bitcoin ETF

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Currently, Bitcoin is trading at $104.949, with a market capitalization of $2.09 trillion, accounting for 63% of the market share and a 12.19% growth over the past 30 days. The Blockchain Group’s plan for large-scale Bitcoin purchases could amplify price volatility and increase liquidity in the market. This move also attracts attention from regulators, especially in Europe, where cryptocurrency regulations are becoming increasingly stringent.

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