- The Blockchain Group raised over €22 million to enhance Bitcoin strategy.
- CEO Adam Back purchased €12.1 million in Bitcoin-denominated bonds.
- Investments will also develop data intelligence and AI divisions.
On May 12, 2025, European-listed company The Blockchain Group secured over €22 million within a week through two rounds of financing on Euronext Growth Paris.
This financing will enhance its Bitcoin Treasury strategy and expand subsidiary operations, illustrating a strategic pivot towards Bitcoin-centric financial models.
€22 Million Raised to Strengthen Bitcoin Focus
The Blockchain Group issued €9.9 million in equity financing on May 9, 2025, at a 61.7% premium over the 20-day average price. Notable investors included Tobam and Quadrille Capital. Blockchain Group boosts Bitcoin strategy with €9.9 million increase. CEO Adam Back subscribed to €12.1 million in Bitcoin-denominated convertible bonds, reinforcing confidence in the group’s Bitcoin focus. The bonds were issued at a 30% premium over the initial conversion price.
Strengthening Bitcoin reserves aligns with the company’s aim to grow its Bitcoin per share. “Investing in The Blockchain Group’s Bitcoin Treasury strategy reflects my confidence in their vision of increasing Bitcoin per fully diluted share over time.” — Adam Back, CEO, Blockstream (source).
Investor reactions indicated strong support for the group’s Bitcoin-centric growth strategy. Adam Back’s full subscription underscored industry confidence in the company’s future growth potential.
Bitcoin Strategy Fuels Investor Confidence Despite Market Volatility
Did you know? In March 2025, The Blockchain Group raised €48.6 million in a single tranche, marking one of Europe’s largest Bitcoin-related funding rounds to date.
As of May 13, 2025, Bitcoin (BTC) is priced at $102,557.95, with a market capitalization of $2.04 trillion, dominating 61.85% of the crypto market. According to CoinMarketCap, despite a 1.78% decrease in 24 hours, Bitcoin sees a 26.17% rise over 60 days.
The Coincu research team notes that the European market’s enhanced Bitcoin integration could provoke increased regulatory scrutiny but also drive widespread adoption. Key historical investment trends indicate that companies expanding their Bitcoin holdings often navigate volatile markets with a mix of strategic asset allocation and financial flexibility. Blockchain Group reveals 2024 results, confirms return to profitability.
Source: https://coincu.com/337300-blockchain-group-22m-financing/