ALTBG, Europe’s pioneering Bitcoin Treasury Company on Euronext Growth Paris, has just put one big thrust into their crypto ambitions! It raised roughly €9.7 million through strategic mix of equity and convertible bond offerings-an intriguing mix one would dare call rocket fuel for their Bitcoin Treasury Company vision and readying them for a bolder step into other areas of decentralized finance.
The Blockchain Group Supercharges Bitcoin Treasury Strategy with €9.7M Raise!
Hold onto your hats, crypto enthusiasts! With the equity and convertible bond issuance amounting to €9.7 million, the company takes another quantum leap forward in its Bitcoin vision. The capital infusion will fund the Company’s ambitious Bitcoin Treasury Company strategy, pushing it further into the digital asset frontier. On to the next!
In a multi-source financing round under The Blockchain Group, the proceeds were funnelled into its subsidiary in Luxembourg, “The Blockchain Group Luxembourg SA.” A major part of the funds, around €6 million, came through the issuance of convertible bonds to TOBAM: investors smelled opportunity and quickly gobbled up bonds at €6.24 per share-30% above the closing price of ALTBG on 9 June 2025-a clear stamp of confidence in the future of the Group from the market.
Ludovic Chechin-Laurans, loaded with some 2.4 million in Bitcoin, barged into the play, grabbing shares at about €0.7072 each. This would be the last leg of a deal executed back in March 2025 and would potentially set the ball rolling for a great payday. Should the ALTBG shares shoot up by 30% to about €0.919 and remain at this price for 20 trading days, Chechin-Laurans will get a Groupon coupon for conversion into 3.4 million new ALTBG shares.
Adam Back is going big: bonds, again, for a massive bundle of 14.9 million shares of ALTBG, plus cash of another €1.16 million for 2.1 million shares at the delightful price of €0.544 per share. At the far end of the aggressive spectrum, this is an obvious signal of deep confidence.
FOR IMMEDIATE RELEASE
Adam Back Exercises Full Conversion of OCA Tranche 1, Solidifying Commitment to The Blockchain Group
[City, Date] – The Blockchain Group announced the definitive completion of the conversion of all OCA Tranche 1 holdings by Adam Back. This very conversion emphasizes Back’s continuous confidence in the strategic direction and future growth of the company, cementing his deeper investment. The conversion is a further endorsement of Back and his confidence in The Blockchain Group’s vision.The definitive completion of the conversion of all OCA Tranche 1 holdings by Adam Back was announced by The Blockchain Group today. The very conversion, executed under the terms of the OCA Issuance Agreement of 4 March 2025 (detailed in the press release of 6 March 2025), emphasizes Back’s continuous confidence in the strategic direction and future growth of the company, cementing his deeper investment. In effect, the conversion is an additional seal of approval given by Back, whereby he places his confidence in The Blockchain Group’s vision.
A clever move was executed by TOBAM, converting 1 million initial bond positions into a gripping 1.84 million shares. Not ferociously content, it marched on to buy another 262,605 new shares, another strategic venture costing just €0.14 million. Profound confidence is signaled from this investment.
An on and off state of instability has been prevailing in the stock since the signing of the OCA Issuance Agreement. The conversion price at €0.544 is at a massive 89.52% discount to the number it was marking on June 12, 2025 – and such a comparison is indicative of the latest gyrations in the market.
The company is expected to grow its Bitcoin holdings quite substantially in the short term. Operations that remain open could net approximately 80 BTC, setting a potentially impressive total of 1,611 BTC. This potential hoard includes proceeds from the pending deals announced on May 26, 2025. Just imagine the possibilities.
France’s The Blockchain Group Doubles Down on Bitcoin, Adds €9.7M to Treasury
Paris, France– Complementing its Bitcoin strategy, TBG has acquired fresh resources amounting to €9.7 million to fund its treasury in digital assets, a manifest gesture of confidence in the longterm viability of busdollar as a crypto asset. [Originally reported by Oscar Zarraga Perez for Bitcoin Magazine.]
Thanks for reading France’s The Blockchain Group Secures €97 Million More For Its Bitcoin Treasury Strategy
