<ul data-eligibleForWebStory="true"><li>The Blockchain Group, Europe’s first Bitcoin Treasury Company, has raised around €9.7 million through a mix of equity and convertible bond issuances to pursue its Bitcoin Treasury Company strategy.</li><li>The funding was raised through their Luxembourg subsidiary, with a significant portion from a convertible bond issuance to TOBAM and subscriptions from individuals like Ludovic Chechin-Laurans and Adam Back.</li><li>Ludovic Chechin-Laurans subscribed around €2.4 million in BTC, with the option to convert into up to 3.4 million new ALTBG shares if the stock price meets a certain level.</li><li>Adam Back converted OCA Tranche 1 bonds into shares and subscribed to additional shares for €1.16 million, while TOBAM converted bonds into shares and subscribed to new shares as well.</li><li>The conversion price of €0.544 reflects a discount compared to the closing price on June 12, 2025.</li><li>The operations could potentially allow for the acquisition of around 80 BTC, bringing the Company’s total potential holdings to approximately 1,611 BTC.</li></ul>

France’s The Blockchain Group Secures €9.7 Million More For Its Bitcoin Treasury Strategy

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