Europe’s First Bitcoin Reserve Company The Blockchain Group Raises €7.2 Million to Boost Bitcoin Strategy

The Blockchain Group, recognized as Europe’s pioneering Bitcoin reserve company, has successfully secured a capital injection of approximately €7.2 million (around $8.32 million) through a strategic “ATM-type” funding initiative. This capital increase, executed in partnership with asset management firm TOBAM, was conducted at an average share price of €4.49. The infusion of funds is set to bolster the company’s commitment to expanding its Bitcoin Reserve Company model, reinforcing its position within the evolving digital asset landscape. This move underscores the growing institutional interest in regulated Bitcoin investment vehicles across Europe, aligning with broader market trends favoring transparent and compliant crypto asset management solutions.