French Tech Firm Blockchain Group Aims to Secure 1% of Bitcoin Supply with €63.3 Million Investment

Blockchain Group, a French-listed technology company, is making waves in the cryptocurrency space with its ambitious plan to acquire 1% of Bitcoin's total supply. The firm has announced a €63.3 million ($72 million) convertible bond offering, with 95% of the proceeds—approximately €60 million—allocated to purchasing an additional 590 BTC. This strategic move will elevate the company's total Bitcoin holdings to 1,437 BTC, positioning it as a significant institutional player in the market. While the firm has capped its purchases for now, this bold investment underscores growing institutional confidence in Bitcoin's long-term value proposition. As of July 2025, this development highlights the accelerating adoption of Bitcoin by mainstream financial entities and could signal further price appreciation for the leading cryptocurrency.

French Tech Firm Blockchain Group Aims to Acquire 1% of Bitcoin Supply

Blockchain Group, a French-listed technology company, is making a bold move into Bitcoin with a €63.3 million ($72 million) convertible bond offering. The firm plans to allocate 95% of the raised capital—approximately €60 million—to purchase an additional 590 BTC, bringing its total holdings to 1,437 BTC. At current prices, this positions the company as a significant institutional holder, though it has capped purchases to align with internal allocation strategies.

The funding round was spearheaded by Fulgur Ventures, which contributed €55.3 million, with Moonlight Capital adding €5 million. The bonds are convertible into shares at €3.809 per share, offering investors exposure to the company's Bitcoin-centric strategy. Operational expenses and management fees will account for the remaining 5% of the proceeds.

This aggressive accumulation reflects growing institutional confidence in bitcoin as a long-term store of value. Blockchain Group's ambition to eventually hold 1% of Bitcoin's total supply—roughly 210,000 BTC—signals a strategic bet on the cryptocurrency's scarcity and appreciation potential.

Third Arrest Made in Manhattan Bitcoin Kidnapping and Torture Case

New York City police have apprehended a third suspect in the high-profile kidnapping and torture case involving an Italian cryptocurrency investor. William Duplessie surrendered to authorities after days of negotiations, marking another development in the disturbing saga.

The victim, Michael Valentino Teofrasto Carturan, a crypto fund associate, endured nearly three weeks of captivity in a Manhattan townhouse. His assailants allegedly sought to extract the keys to his Bitcoin wallet through coercion and physical abuse.

The incident underscores the darker undercurrents of cryptocurrency's rapid mainstream adoption. As digital assets gain prominence, they increasingly attract both institutional interest and criminal elements drawn by the potential for large, pseudonymous transactions.

Square Pilots Real-Time Bitcoin Payments in Vegas, Plans Full Availability To Customers in 2026

Jack Dorsey’s Square is advancing Bitcoin adoption with a real-world test at the Bitcoin 2025 conference in Las Vegas. For three days, attendees can make purchases using BTC by scanning a barcode, with transactions settled via the Lightning Network. Square manages real-time exchange rate calculations and confirmation notifications, showcasing the potential for seamless crypto payments.

The pilot program aims to demonstrate the viability of Bitcoin as a payment method ahead of a broader rollout. Square plans to offer the feature to all customers by 2026, pending regulatory approval. "We believe in an open, decentralized, fair, fast, and low-cost money system for everyone," said Miles Suter, Bitcoin Product Lead at Block.

Trump Media Plans to Raise $2.5B By May 29 to Create a Bitcoin Treasury

Trump Media, backed by former President Donald Trump, has announced plans to establish a Bitcoin treasury by raising $2.5 billion through a combination of common stock sales and convertible notes. The company aims to close the offering by May 29, 2025, with $1.5 billion raised from common stock and $1 billion from 0 percent convertible senior secured notes.

Bitcoin is positioned as a cornerstone of financial freedom in the announcement, with TRUMP Media emphasizing its strategic importance as part of the company's asset portfolio. This move signals growing institutional interest in cryptocurrency as a reserve asset.

Trump Backs $1B Bitcoin Reserve Bill as Lummis Revives 'BITCOIN Act' Proposal

Senator Cynthia Lummis revealed at the Bitcoin 2025 Conference that former President Donald Trump supports her Strategic Bitcoin Reserve Act, which would authorize the U.S. Treasury to acquire one million BTC over five years. The revived legislation comes with WHITE House-backed revisions after failing to pass in its initial July 2024 iteration.

'President Trump has a dedicated digital assets team working on everything from stablecoins to Bitcoin market structure,' Lummis stated during her panel with Senators Blackburn and Justice. The proposed $1 billion BTC accumulation WOULD mark the largest sovereign cryptocurrency acquisition since El Salvador's 2021 adoption.

IMF Maintains Pressure on El Salvador's Bitcoin Holdings

The International Monetary Fund has reinforced its stance on El Salvador's Bitcoin reserves, declaring ongoing efforts to prevent further accumulation by the government. This development follows March's $3.5 billion loan agreement, which stripped Bitcoin of its legal tender status while imposing strict limitations on state acquisitions.

Sanctions against voluntary BTC purchases by public entities form a key condition of the financial package. President Bukele's administration now faces mounting pressure to balance its pioneering crypto policies with international fiscal obligations. The MOVE highlights growing tensions between sovereign cryptocurrency strategies and traditional financial oversight.