French company is now being investigated as Europe's first Bitcoin financial management

French company is now being investigated as Europe's first Bitcoin financial management


A little -known French technology company is currently causing a stir in the European crypto scene.

The Blockchain Group (TBG), which once focused on software and advice, was the first listed company in the continent, whose core business is Bitcoin, reinforced. In just half a year, the company recorded a breathtaking increase in its Bitcoin return per share by 709.8%-without relying on BTC price tips.

After a restructuring at the end of 2023, TBG gave up most of its previous activities and turned to a brave Bitcoin-First strategy.

The new leadership relied on an unconventional financing model: the issue of shares at premium prices for the purchase of Bitcoin, which increased the BTC engagement without watering down Shareholder Value. This approach brought the company to the company in the crypto community the nickname “Bitcoin factory”.

TBG not only pursues the Bitcoin price, but also how much Bitcoin per share is added, and uses this BTC return as a performance index. This model has attracted the attention of great names in the industry, including Adam Back from Blockstream, Fulgur Ventures, Utxo Management and Tobam, many of which have invested in the company or work with it.

In order to promote its accumulation strategy, TBG relies on three instruments: share sales above the market price, bonds and performance -based investor option certificates. With already 620 BTC under administration (worth almost $ 60 million), the company has set itself high goals: 21,000 to 42,000 BTC should be kept within five years. The ultimate goal? To control 1% of all bitcoins in circulation by 2033.


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Jayd Johnson

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