France’s Blockchain Group Launches €300M ATM Program with TOBAM for Bitcoin Treasury Push

How is The Blockchain Group planning to enhance its Bitcoin strategy?

What is the significance of the partnership between The Blockchain Group and TOBAM?

How will The Blockchain Group's new capital program affect the European market?


비트코인 국고 전략 본격화… 프랑스 The Blockchain Group, 3억 유로 조달 나서
Image source: Unblock Media
- French Blockchain Group Initiates 300 Million Euro 'ATM-Style' Fundraising Program - Collaborates with TOBAM to Strengthen Bitcoin Strategy [Unblock Media] On June 9, 2025 (UTC), Cointelegraph reported that The Blockchain Group, headquartered in France, has partnered with asset manager TOBAM to initiate a 300 million euro 'ATM-style' capital program to accelerate their Bitcoin asset strategy. This fundraising will enable The Blockchain Group to flexibly issue new shares in the market to secure funding for continuous acquisition of Bitcoin (BTC). This move aligns with the trend of European companies integrating Bitcoin into their financial statements amid growing institutional adoption. TOBAM, known for launching one of Europe’s first Bitcoin mutual funds in 2017, provides regulatory expertise and financial structuring. This partnership is expected to help institutionalize the operation of Bitcoin assets in a compliant and scalable manner. The program underscores Europe's evolving approach to corporate Bitcoin strategy and positions The Blockchain Group as a key player in the region's digital asset transformation.
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Article Info
Category
Policy
Published
2025-06-09 09:34
NFT ID
436
News NFT detail
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