The Blockchain Group raised €8.6M to expand Bitcoin holdings and fund growth in AI, data intelligence, and decentralized tech.
TBG’s 709.8% BTC yield in six months proves its Bitcoin-first treasury strategy delivers stronger returns than Bitcoin price performance.
By prioritizing Bitcoin per share and cutting legacy assets, TBG has transformed into a focused, profitable, innovation-led company.
The Blockchain Group (TBG), a Paris-listed tech firm, has raised €8.6 million to expand its Bitcoin treasury. This dual-operation capital raise was executed via a Reserved Capital Increase and a Private Placement. Shares were priced at €1.279 each, a 20.18% premium over the 20-day average price but a 46.26% discount from May 19's closing price. This reflects recent volatility in share value.
The Reserved Capital Increase brought in €4.3 million through 3.37 million new shares. Key investors included Robbie van den Oetelaar, TOBAM’s Bitcoin fund, and Quadrille Capital. Additionally, the Private Placement raised another €4.35 million through 3.4 million shares aimed at qualified investors. Consequently, the company’s share capital now stands at €4.37 million, spread over 109 million shares.
Bitcoin as Core Capital
TBG isn’t chasing Bitcoin’s price; instead, it's focused on Bitcoin per share growth. The firm has adopted Bitcoin as core working capital, not just a speculative asset. This approach has delivered a 709.8% BTC yield in just six months. Hence, the company's performance has far outpaced Bitcoin itself.
Moreover, TBG’s transformation is strategic. Until late 2023, it was a diversified tech group with no Bitcoin exposure. However, in December 2023, a new board restructured the firm. Legacy assets were either sold or dissolved. Consequently, a leaner company emerged, centered around two profitable subsidiaries—Trimane and Iorga.
Strategy Beyond Accumulation
Besides accumulating Bitcoin, TBG plans to expand its AI, data intelligence, and decentralized tech divisions. The capital raised will fund this dual mission. It supports operational growth and deepens the firm’s Bitcoin reserves.
The company’s long-term objective is to manufacture shareholder value through Bitcoin-centric capital strategy. Additionally, it aims to optimize every euro raised toward increasing BTC per share. This is more than treasury management—it’s a paradigm shift in financial strategy.
The Blockchain Group has effectively redefined itself. It no longer follows market trends but leads through innovation. By fusing Bitcoin accumulation with business growth, TBG is shaping a new model for digital-era corporations.
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