Blockchain Group Raises $72M to Acquire 590 Bitcoins, Leading France's Bold Crypto Investment Trend

The crypto market is currently experiencing strong winds, and Blockchain Group has just added significant digital fuel to the fire. The French company, listed in Paris, has successfully raised an impressive $72 million to acquire nearly 590 new bitcoins. This bold, straightforward, and notably unprecedented move in France contrasts with others who merely discuss diversification—Blockchain is buying the future outright. An assertive fundraising effort aimed at accumulating bitcoin The plan is straightforward: from the €63. 3 million raised through a bond issuance, 95% will be directly invested in BTC. No intermediaries, no detours. At this pace, the group intends to increase its reserves by 590 BTC, bringing its total holdings to 1, 437 BTC. Notably, at the current bitcoin price (exceeding $109, 000), Blockchain Group could technically have acquired up to 658 BTC. However, the company opted to retain a small portion to cover operations and management fees. Is this detail insignificant?Absolutely not—it demonstrates thoughtful control over a strategy that might otherwise seem blindly maximalist. Since starting bitcoin acquisitions in November 2024, the group’s stock has surged by 225%. For the year, gains have reached a staggering +766%, according to Cointelegraph. What might have initially been viewed as speculative is evolving into a solid corporate strategy. This approach is anything but spontaneous.
In its annual report, Blockchain Group explicitly announced its goal to accumulate 1% of the global bitcoin supply by 2032. This amounts to approximately 170, 000 BTC, a monumental target that also raises an intriguing question: could bitcoin ownership become a new benchmark of power for listed companies? Behind the scenes: strong partners and a global trend Key players from the crypto sector back this initiative. Fulgur Ventures invested $62. 9 million, followed by Moonlight Capital with $5. 7 million. The bonds issued are convertible into shares at prices well above current market values. In essence, these investors are making long-term bets, signaling confidence in the company’s transformative vision. Blockchain Group is far from isolated in this endeavor. Recently, firms like Metaplanet in Japan and H100 Group AB in Sweden have also embraced the “orange pill, ” joining the exclusive club of companies placing bitcoin at the core of their treasuries. This wave could mark a turning point in France. Few publicly listed companies dare to allocate treasury funds into bitcoin, and even fewer openly discuss their moves. Blockchain Group not only embraces this strategy but proudly declares it. In times of economic uncertainty, this bold decision sends a strong message: for some, bitcoin is no longer a mere speculative asset—it has become a shield, even a guiding compass.
Brief news summary
Blockchain Group, a French company listed in Paris, has raised $72 million through bond issuance to acquire nearly 590 bitcoins, investing 95% of the €63.3 million raised directly into BTC. This strategy increases its bitcoin reserves to 1,437 BTC, with some funds reserved for operational costs, showing a cautious approach. Since starting bitcoin purchases in November 2024, the company’s stock surged 225%, with a 766% annual increase, signaling a shift from speculation to long-term investment. Blockchain Group aims to hold 1% of global bitcoin supply (around 170,000 BTC) by 2032, positioning bitcoin as a core asset for publicly listed firms. Supported by major investors like Fulgur Ventures and Moonlight Capital, who converted bonds into shares at a premium, the company aligns with international peers such as Japan’s Metaplanet and Sweden’s H100 Group AB. In uncertain economic times, this reflects a move to treat bitcoin as a protective asset and strategic guide rather than mere speculation.
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