French Treasury Giant Makes Bold Move: Swaps €200M in Shares for 2,000 Bitcoin

In a power play that screams 'adapt or die,' France's public treasury firm just placed a monster bet on Bitcoin—liquidating €200 million in traditional assets to grab 2,000 BTC. Who needs bonds when you've got digital gold?

Breaking the mold: This isn't some crypto startup YOLO-ing into volatility—it's a state-adjacent entity ditching conventional wisdom. The move screams institutional FOMO as Bitcoin cements its 'reserve asset for rebels' status.

The fine print: While suits in Frankfurt still debate ETFs, the French are executing. The €200M share swap bypasses bureaucratic paralysis—turning paper promises into programmable money. Take notes, Wall Street.

Bottom line: When conservative treasuries start eating their own young (read: dumping equities for crypto), maybe—just maybe—the 'magic internet money' crowd was right all along. *Cue Goldman Sachs scrambling to update their 'Blockchain, Not Bitcoin' PowerPoint.*

BCI opts for equity-financed Bitcoin purchases

An all-equity deal allows CBI to grow its bitcoin reserves without spending cash. At the same time, it increases shareholder exposure to Bitcoin, further aligning the firm with a Bitcoin treasury strategy.

Companies like Strategy and Metaplanet acquire Bitcoin using both debt and equity, effectively turning their stocks into Leveraged Bitcoin plays. While this approach can magnify gains, it also makes the shares more volatile than the underlying asset.

Equity-based purchases carry less risk in the event of a sharp Bitcoin downturn. However, these deals can significantly dilute existing shareholders. As a result, equity-financed treasury accumulations typically don’t drive the same short-term price reaction during Bitcoin bull runs.

Crypto Blockchain Industries, listed on Euronext Growth Paris under the ticker ALCBI, is a crypto gaming and non-fungible token company with existing Bitcoin treasury holdings. One of its largest shareholders, Ker Ventures, is owned by Frédéric Chesnais, who also serves as the CEO of CBI.