The Blockchain Group, listed on Euronext Growth Paris under the ticker $ALTBG, secured overwhelming shareholder approval to raise its capital ceiling beyond €10 billion.
The decision came during the company’s Ordinary and Extraordinary General Meeting on June 10, 2025.
This capital expansion aims to accelerate the group’s Bitcoin Treasury Company strategy. The goal is to increase the number of bitcoins per share on a fully diluted basis over time, enhancing long-term shareholder value.
Over 111 million shares were eligible to vote. Resolutions passed with a majority exceeding 95%, reinforcing strong investor confidence in the company’s crypto-focused vision.
New Board Appointment to Strengthen BTC Focus
Alongside financial approvals, shareholders confirmed Alexandre Laizet as a new member of the Board of Directors. He will also serve as Deputy CEO, directly overseeing the group’s Bitcoin strategy.
Laizet’s term runs through December 2030, aligning with the firm’s long-term crypto roadmap. His appointment reflects a broader move to professionalize and scale the company’s Bitcoin-related initiatives.
CEO Highlights Growth Vision and Shareholder Trust
CEO Jean-Philippe Casadepax-Soulet thanked investors for endorsing the new financial authorizations. He emphasized that the funding will help the company grow its Bitcoin Treasury footprint while continuing to scale operational activities.
With this vote, The Blockchain Group positions itself to deepen its role as Europe’s first listed Bitcoin Treasury Company, setting a precedent for corporate crypto adoption across the continent.
Kosta Gushterov
Reporter at Coindoo
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Source: https://coindoo.com/blockchain-group-approves-e10b-capital-plan-to-boost-bitcoin-strategy/