Paris-Based Blockchain Group Aims to Become Europe’s Leading Bitcoin Treasury with €300M Expansion
The Blockchain Group, a Paris-based firm, has announced ambitious plans to raise €300 million (approximately $342 million) through an 'At the Market' (ATM) program to significantly expand its Bitcoin holdings. Currently holding 1,471 BTC (valued at $154 million), the company aims to position itself as Europe's premier institutional Bitcoin treasury, following in the footsteps of industry giants like MicroStrategy. This strategic move underscores the growing institutional confidence in Bitcoin as a long-term store of value and highlights Europe's emerging role in the cryptocurrency landscape. The ATM structure allows for share sales at market prices, providing flexibility in funding the expansion. As of June 2025, this development signals a bullish trend for Bitcoin adoption among institutional investors.
The Blockchain Group Announces €300M Bitcoin Treasury Expansion
Paris-based The Blockchain Group has unveiled plans to raise €300 million ($342 million) through an 'At the Market' (ATM) program to significantly expand its Bitcoin holdings. The firm currently holds 1,471 BTC ($154 million) and aims to position itself as Europe's leading institutional Bitcoin treasury, following the path of companies like MicroStrategy.
The ATM structure allows share sales at market prices, with pricing based on the higher of the previous day's close or volume-weighted average price, capped at 21% of daily trading volume. This move reflects growing institutional demand for bitcoin as a treasury asset.
Bitcoin Surges to $108,000 as Millionaire Makes Bold $54.5 Million Bet
Bitcoin's price rally to $108,000 on June 9th captivated the financial world, with a newly created wallet (0x1f25) making a high-stakes Leveraged bet. The investor deployed $54.5 million at a $106,538 entry point using 20x leverage, signaling extreme conviction during BTC's upward trajectory.
The move comes amid renewed Optimism across both traditional and crypto markets. As Bitcoin approaches the $110,000 threshold, market participants are weighing the interplay of institutional adoption, retail FOMO, and the inherent volatility of digital assets.
TradingView charts show the position was opened precisely as BTC broke through key resistance levels. Such whale activity often precedes heightened market volatility, with the crypto community closely monitoring whether this marks the beginning of a new price discovery phase or a local top.
KULR Technology Seeks $300 Million to Expand Bitcoin Treasury Strategy
KULR Technology Group, a California-based firm now positioning itself as a "Bitcoin-First" company, has filed to raise $300 million through an at-the-market stock offering. The proceeds will primarily bolster its Bitcoin holdings, adding to an existing treasury of 920 BTC worth approximately $996 million.
CEO Michael Mo emphasized a long-term accumulation strategy, stating the company remains focused on growing BTC-per-share metrics regardless of short-term volatility. Cantor Fitzgerald is advising on the capital raise.
The MOVE follows MicroStrategy's pioneering corporate Bitcoin acquisition playbook, with KULR's shares rising 2% to $1.20 following the announcement. Public companies continue showing institutional conviction in Bitcoin as a treasury asset despite market fluctuations.
Tether to Open-Source Bitcoin Mining OS by 2025, Aiming to Democratize Access
Tether is making a strategic move to disrupt Bitcoin mining's status quo. The stablecoin giant plans to open-source its Mining Operating System (MOS) by late 2025, directly challenging the industry's software oligopoly. This initiative targets the prohibitive costs that currently favor institutional miners over smaller operations.
The MOS architecture promises radical flexibility—scalable from Raspberry Pi devices to industrial mining farms. Its peer-to-peer IoT design and support for both air-cooled and immersion systems could rewrite the economics of network participation. "This isn't just about code access," says CEO Paolo Ardoino. "It's about preserving Bitcoin's decentralized ethos while improving operational resilience."
Market analysts note the timing coincides with growing regulatory scrutiny over mining centralization. By lowering technical barriers, Tether may catalyze a new wave of geographically distributed miners—potentially impacting BTC network security dynamics and hash rate distribution.
Bitcoin Implied Volatility Hits 1-Year Low Amid U.S.-China Trade Talks
Bitcoin's implied volatility has plunged to its lowest level in twelve months as U.S.-China trade negotiations resume in London. The cryptocurrency holds steady above $100,000, currently trading NEAR $108,000, despite its growing perception as a geopolitical hedge.
Market analysts note the absence of a decisive price breakout, attributing recent movements to knee-jerk reactions rather than sustained momentum. QCP Capital's analysis suggests these tensions have failed to catalyze directional momentum for BTC or broader crypto markets.
BlackRock's IBIT Hits $70B AUM in Record Time, Dominates Bitcoin ETF Market
BlackRock's iShares Bitcoin Trust (IBIT) has shattered records by reaching $70 billion in assets under management in just 341 trading days—five times faster than the previous benchmark set by SPDR Gold Shares ETF. The milestone underscores institutional investors' accelerating embrace of cryptocurrency as a legitimate asset class.
IBIT now commands a staggering 20% of all Bitcoin held by public entities, with 662,707 BTC in custody. Its dominance eclipses rival funds like Fidelity's FBTC ($21.3B AUM) and Grayscale's GBTC ($19.3B AUM), signaling a seismic shift in how institutional capital accesses crypto markets.
Analysts note the achievement coincides with growing competition for Bitcoin's finite supply. VanEck's digital assets head Matthew Sigel recently revealed six major firms are exploring direct BTC exposure, potentially challenging ETF supremacy. The race for institutional adoption appears to be entering a new phase.
