French Blockchain Startup Secures $7.7M to Supercharge Bitcoin Treasury Strategy

Paris-based crypto innovator stacks sats with fresh funding round—because hodling is the new hedge fund.

Why it matters: While traditional finance scrambles to tokenize paperclips, this firm’s doubling down on the OG crypto asset.

The play: $7.7 million injection converts directly to BTC reserves—no ‘stablecoin middlemen’ or regulatory tap-dancing. A bullish bet that’ll either look genius or painfully early when the SEC finally finishes its coffee break.

Bottom line: In a world where VCs fund ‘AI-powered blockchain AI,’ at least someone remembers what cryptographic money was meant to be.

The Blockchain Group, a French blockchain company, has raised about €7.2 million ($7.7 million) through an “ATM-type” capital increase program with asset manager TOBAM. The new shares were sold at an average price of €4.49 each. This funding will support the company’s plan to grow its BTC holdings and become a full-fledged Bitcoin treasury firm. The move reflects growing interest among tech firms in holding BTC as a strategic reserve asset for long-term value preservation.