The Blockchain Group Targets $340 Million Funding Round For Bitcoin Purchases

Paris-based cryptocurrency company The Blockchain Group plans to raise over $340 million for its Bitcoin treasury, according to Cointelegraph. The firm claims to be Europe's first Bitcoin treasury company and will raise 300 million euros ($342 million) to fund additional BTC purchases. The announcement came Monday through a news release on social media platforms.

The $340 million capital raise follows a structure inspired by US "At the Market" (ATM) offerings. Shares will be sold at market conditions initiated by the company's counterparty, subject to pre-agreed volume limits. The raise will occur in tranches, with pricing based on the higher of the previous day's closing price or volume-weighted average price, capped at 21% of daily trading volume.

Growing Corporate Bitcoin Treasury Movement

The Blockchain Group's announcement comes one week after the company acquired $68 million worth of Bitcoin, bringing its total holdings to 1,471 Bitcoin worth over $154 million. The move reflects a broader trend of institutional Bitcoin adoption across global markets.

According to PYMNTS, more than 90 publicly listed companies currently hold around 796,000 BTC, worth over $84 billion total. The Coinomist reports that corporate Bitcoin adoption has accelerated significantly in 2025, with companies using various methods to raise capital and acquire Bitcoin reserves.

MicroStrategy, now rebranded as Strategy, leads this movement as the largest corporate Bitcoin holder. The company announced plans to raise nearly $1 billion through stock offerings to fund future Bitcoin purchases, quadrupling its previously announced $250 million raise. Strategy holds over 580,250 Bitcoin worth more than $61 billion, representing 2.76% of the entire BTC supply according to data from Bitbo.

European Regulatory Environment And Market Context

The Blockchain Group's treasury strategy operates within Europe's new cryptocurrency regulatory framework. The Markets in Crypto-Assets (MiCA) regulation took effect December 30, 2024, establishing comprehensive rules for crypto-assets across the European Union's 27 member states.

Atlantic Council analysis indicates that MiCA provides clearer regulatory guidelines for crypto companies while maintaining focus on consumer protection and financial stability. The regulation covers transparency, disclosure, authorization and supervision requirements for companies issuing and trading crypto-assets.

European Banking Authority and European Securities Markets Authority data shows that USD-based stablecoins constitute 90% of market capitalization and over 70% of trading volume in Europe. This regulatory clarity has enabled European companies to pursue Bitcoin treasury strategies with greater confidence.

Market Conditions And Future Outlook

Bitcoin has entered a period of price consolidation after reaching an all-time high of $112,000 on May 22, 2025. Despite recent pullbacks, institutional adoption and strategic treasury moves continue to anchor bullish long-term sentiment according to market analysts.

However, Bitcoin ETF flows present mixed signals. US-listed spot Bitcoin ETFs saw over $47 million in outflows on Friday, marking a second consecutive day of selling after $278 million in net outflows Thursday, according to Farside Investors. These outflows contrast with the sustained corporate treasury accumulation trend.

Standard Chartered research shows that 61 publicly listed companies now hold a combined 3.2% of all Bitcoin that will ever exist. The bank warns that while Bitcoin treasuries currently add buying pressure, this could reverse over time as market inefficiencies are removed.

The broader cryptocurrency market context remains supportive for institutional adoption. CTMfile reports that BTC holdings in corporate treasuries grew by 31% in 2024, reaching 998,374 BTC. New accounting guidelines from the US Financial Accounting Standards Board now allow companies to report crypto holdings at fair market value.

Global economic conditions may further support Bitcoin treasury adoption. Rising institutional interest, potential Federal Reserve rate cuts, and geopolitical tensions continue driving companies toward alternative reserve assets. The Blockchain Group's capital raise reflects confidence in Bitcoin's role as digital gold within corporate financial strategies.

Related Reading on BTC Peers

This comprehensive analysis examines global Bitcoin policy developments and regulatory frameworks across different jurisdictions. Readers will gain insights into how various countries approach Bitcoin regulation, the impact of policy decisions on adoption rates, and comparative analysis of regulatory environments worldwide. The article provides essential context for understanding how policy developments affect corporate Bitcoin treasury strategies and institutional adoption trends in different regions.