The Blockchain Group Bolsters Bitcoin Reserves with €63.3M Convertible Bond Issuance
The Blockchain Group S.A., a leading European firm in Bitcoin treasury management, has successfully completed a €63.3 million convertible bond issuance to expand its Bitcoin holdings. This strategic move underscores the company’s commitment to strengthening its crypto reserves and capitalizing on the growing digital asset market. With the proceeds, the company has acquired an additional 590 BTC, bringing its total holdings to 1,437 coins. The current price of Bitcoin stands at 108,918.04 USDT, reflecting the ongoing bullish sentiment in the cryptocurrency space.
The Blockchain Group Completes €63.3M Convertible Bond Issuance to Expand Bitcoin Holdings
The Blockchain Group S.A., a pioneer in Bitcoin treasury management among European firms, has secured €63.3 million through a convertible bond offering. The proceeds will primarily fund additional Bitcoin acquisitions, reinforcing its crypto reserve strategy.
With this capital raise, the company purchased 590 BTC, elevating its total holdings to 1,437 coins. Moonlight Capital contributed €5 million, Fulgur Ventures supplied €55.3 million, and OCA Tranche 2 provided €3 million in the bond issuance.
Darkwire Enables Bitcoin Transactions Without Internet Access via LoRa Radio
Darkwire, an open-source project submitted to the bitcoin 2025 Official Hackathon, introduces a groundbreaking solution for sending Bitcoin transactions in offline environments. The system leverages long-range (LoRa) radio technology to facilitate node-to-node transaction propagation until reaching an internet-connected exit point, which then broadcasts to the Bitcoin network.
Targeting censored regions, disaster zones, and privacy-conscious users, Darkwire circumvents traditional infrastructure dependencies. Pseudonymous developer ’cyber’ designed the protocol to operate without internet, power, or cellular networks—addressing critical gaps in financial accessibility and surveillance resistance.
The innovation highlights Bitcoin’s evolving utility as a censorship-resistant monetary network. By decoupling transaction propagation from centralized infrastructure, Darkwire expands the cryptocurrency’s reach to geographically or politically marginalized users.
YZi Labs Invests in Bitcoin-Focused Avalon Labs to Boost DeFi Ecosystem
YZi Labs has made a strategic investment in Avalon Labs, a Bitcoin-native capital markets platform accelerating institutional adoption of decentralized finance. The MOVE signals growing confidence in Bitcoin’s role as foundational infrastructure for next-generation financial products.
Avalon’s ecosystem now includes USDa, the second-largest collateralized debt position stablecoin by market capitalization according to DeFiLlama. The platform’s suite of BTC-backed offerings—from lending protocols to crypto-linked payment solutions—demonstrates Bitcoin’s expanding utility beyond store-of-value narratives.
This capital infusion will fuel Avalon’s regulatory compliance efforts and geographic expansion, positioning the firm to bridge traditional finance with blockchain-native solutions. The investment underscores institutional recognition of Bitcoin’s maturing DeFi ecosystem as yields and product sophistication increase.
Bitcoin Rally Shows Signs of Maturation Amid Investor Caution
Bitcoin’s rally is displaying signs of maturation as market dynamics shift from moderate to intense. The cryptocurrency recently touched a new all-time high NEAR $111,000, fueled by robust spot market activity. Yet, momentum appears to be fading, with the 14-day Relative Strength Index (RSI) dropping 25.1% and net spot demand weakening—hinting at short-term buyer fatigue.
Glassnode’s analysis underscores a maturing market structure, where investor caution is becoming more pronounced. Derivatives activity remains a key area to watch, though the spotlight stays on spot market liquidity and institutional behavior for directional cues.
Long-Term Bitcoin Holders Accumulate as Short-Term Traders Exit
Bitcoin’s market dynamics are shifting as Leveraged short-term traders face liquidations, creating opportunities for long-term holders to strengthen their positions. CryptoQuant analyst Amr Taha notes this marks a fundamental behavioral change in BTC markets.
On-chain data reveals growing accumulation by long-term investors, signaling strengthening conviction. Order book depth shows robust buyer-seller engagement, reinforcing Bitcoin’s support levels and sustaining its bullish structural outlook.
