Shareholders Back Bold Crypto Treasury Expansion
The Blockchain Group ($ALTBG), listed on Euronext Growth Paris, has received overwhelming shareholder approval to raise its capital ceiling above €10 billion. This move aims to fuel the company’s Bitcoin Treasury strategy, reinforcing its position as a leading corporate crypto holder in Europe.
The approval was finalized during the company’s Ordinary and Extraordinary General Meeting on June 10, 2025, where over 111 million shares were eligible to vote. Resolutions passed with a majority exceeding 95%, indicating strong investor confidence in the firm’s long-term crypto-centric vision.
The capital raise will support the objective of increasing the number of bitcoins per share on a fully diluted basis, ultimately enhancing long-term shareholder value.
New Leadership to Drive Bitcoin Strategy
In addition to financial measures, Alexandre Laizet was appointed as a new member of the Board of Directors and named Deputy CEO. He will take direct oversight of the group’s Bitcoin strategy.
Laizet’s term runs through December 2030, aligning with the company’s long-term roadmap and underlining its commitment to sustained Bitcoin growth.
His leadership is expected to professionalize and scale the group’s BTC initiatives, making it more agile in navigating the dynamic crypto space.
CEO Underscores Strategic Direction
CEO Jean-Philippe Casadepax-Soulet expressed gratitude to shareholders for their continued support, noting that the vote provides the financial flexibility needed to:
- Expand Bitcoin treasury operations
- Support broader strategic growth
- Reinforce its role as a European crypto pioneer
“This vote strengthens our vision to become the continent’s leading listed Bitcoin Treasury Company,” said Casadepax-Soulet.
Setting a New Corporate Crypto Benchmark
The Blockchain Group is positioning itself as Europe’s first publicly listed Bitcoin Treasury Company, setting a precedent for institutional crypto adoption.
With the approved capital expansion and leadership reinforcement, the company is well-positioned to scale its BTC holdings, increase per-share Bitcoin value, and serve as a model for crypto-forward corporate strategy across the continent.