Blockchain Group Eyes €300M for Bitcoin Treasury Plan
The Blockchain Group partners with TOBAM to raise €300M via an ATM-style program for its Bitcoin-focused treasury strategy.
- Blockchain Group teams up with TOBAM for capital raise
- €300M ATM-style funding to boost Bitcoin reserves
- Part of a broader Bitcoin treasury expansion plan
In a bold move to strengthen its position in the Bitcoin ecosystem, Europe’s The Blockchain Group has announced plans to raise €300 million. The capital raise will be executed through an “ATM-type” (At-the-Market) program in partnership with Paris-based asset manager TOBAM.
This initiative is aimed at accelerating the company’s Bitcoin Treasury strategy, signaling a growing institutional appetite for Bitcoin in corporate balance sheets.
What Is an ATM-Type Capital Program?
An ATM (At-the-Market) program allows companies to sell shares directly into the market over time, rather than issuing them all at once. This method gives The Blockchain Group more flexibility and control over pricing and timing, which can be especially useful in volatile markets like crypto.
With TOBAM’s experience in digital asset investment and compliance, the partnership is expected to bring a sophisticated, strategic approach to the fundraising process. The program will enable The Blockchain Group to gradually build its Bitcoin reserves without relying on traditional, large-scale fundraising rounds.
A Strong Signal to the Crypto Market
The move is not just about raising capital; it’s a clear strategic bet on Bitcoin. Similar to MicroStrategy’s approach in the U.S., The Blockchain Group is aligning itself with the view that Bitcoin can serve as a long-term store of value, especially in a macroeconomic climate full of uncertainties.
The company’s CEO hinted that the Bitcoin Treasury plan could eventually place the company among Europe’s leading corporate holders of Bitcoin, making it a benchmark case for crypto-driven balance sheet strategies on the continent.
This announcement could also inspire more European firms to follow suit, as institutional acceptance of Bitcoin continues to grow.
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