Today, Blockchain (Altbg) group, listed on Euronext Growth Paris and I admit it as the first company for the Bitcoin Ministry in Europe, Declare It collected about 9.7 million euros with a mixture of transformable bonds. This step is part of a continuous batch to build Bitcoin Treasury Company strategy.
This financing comes from multiple sources and was implemented by its fully owned Luxembourg, “The Blockchain Group Luxembourg SA”. A main part, about 6 million euros, was raised by issuing convertible bonds to Tobam, with the price of bonds at a value of 6.24 euros per share. This price reflects a 30 percent allowance on the ALTBG closing price on June 9, 2025.
Ludovic Chechin-Laurrans also came with about 2.4 million euros, and it shares BTC at a transfer price of about 0.7072 euros per share. This was part of a deal that was originally created in March 2025. If the share price rises by 30 percent from this level, to about 0.919 euros over 20 consecutive days, it will have the option to convert to 3.4 million new shares in Altbg.
Adam Pak also ended his conversion to all OCA Tranche 1 bonds to 14.9 million Altbg shares and participated in additional 2.1 million shares for 1.16 million euros at a price of 0.544 euros per share.
“The company remembers that Adam Back informed Blockchain Group of his intention to convert all the OCA 1 chip it carries, according to the terms of the OCA version agreement that was entered on March 4, 2025, whose details were revealed in a press statement on March 6, 2025, which the company is now specifically confirmed,” the press statement was made.
TOBAM has the same thing, transforming 1 million bonds to 1.84 million shares and participating in 262,605 new shares for 0.14 million euros.
“Given the recent high fluctuations in the company’s share price, which has been observed since the signing of the OCA issue, the transfer price of 0.544 euros reflects a discount of 89.52 % compared to the closing price on June 12, 2025,” the press statement added.
“These operations can allow the possible acquisition of about 80 BTC, up to the total potential property of the company to about 1,611 BTC, including the possible completion revenues of the remaining operations announced in the press statement on May 26, 2025.”.
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