Puteaux, Might 9, 2025: The Blockchain Group (ISIN code: FR0011053636, ticker: ALTBG) (the « Company »), listed on Euronext Development Paris, Europe’s first Bitcoin Treasury Company, holding subsidiaries specialised in Knowledge Intelligence, AI, and decentralized expertise consulting and growth, continues the acceleration its Bitcoin Treasury Company strategy with the choice, made on Might 7, 2025, to hold out a capital increase totalling € 9,888,036.63 at a subscription price of €1.0932 per share. This capital increase will allow the Company to bolster its Bitcoin accumulation strategy, whereas persevering with to develop the operational actions of its subsidiaries. As communicated on April 30, 2025, a presentation containing a proof of the Company’s Bitcoin Treasury Company strategy, targeted on growing the quantity of bitcoin per totally diluted share over time, is on the market on its web site: https://www.theblockchain-group.com/investor/news-financial-information/
Completion of a capital increase in accordance with Article L. 411-2 1° of the French Financial and Monetary Code (“Code monétaire et financier”)
The Company’s Board of Administrators (“Conseil d’Administration”) selected Might 7, 2025, utilizing the delegated authority granted by the shareholders’ assembly held on February 21, 2025, below the phrases of its 3rd decision, and in accordance with the provisions of Article L. 411-2 1° of the French Financial and Monetary Code, on an issuance, with out pre-emptive rights for shareholders, of 9,045,039 new bizarre shares of the Company at a price of €1.0932 per share, together with an issuance premium, representing a premium of roughly 61.69% in comparison with the weighted common of the twenty closing costs of ALTBG shares on Euronext Development previous the choice of the Company’s Board of Administrators, comparable to a whole subscription quantity of €9,888,036.63 (the “Capital Increase“).
The shareholders’ preemptive subscription proper in connection with the Capital Increase was waived in favor of the next individuals, within the proportions indicated beneath:
| Subscriber | Quantity of Shares | Quantity (€) |
| Tobam | 3,658,980 | €3,999,996.94 |
| Generali Ambition Solidaire | 1,000,000 | €1,093,200.00 |
| Jean-Marie Formigé | 2,000,000 | €2,186,400.00 |
| Quadrille Capital – Disruption Fund Grasp | 686,059 | €749,999.70 |
| EFG Financial institution | 1,000,000 | €1,093,200.00 |
| VP Financial institution | 245,000 | €267,834.00 |
| V Financial institution | 255,000 | €278,766.00 |
| Patrick Zbinden | 200,000 | €218,640.00 |
| TOTAL | 9,045,039 | €9,888,036.63 |
The funds raised by means of the Capital Increase will allow the Company to strengthen its Bitcoin Treasury Company strategy, consisting within the accumulation of Bitcoin, whereas persevering with to develop the operational actions of its subsidiaries.
Following the Capital Increase, the Company’s share capital is now €4,097,179.52, divided into 102,429,488 bizarre shares with a nominal worth of €0.04 every (excluding the train of the 2025-01 Share Subscription Warrants – “BSA 2025-01”).
Given the current excessive volatility within the share price, the price per share set at €1.0932 displays a low cost of 16.99% in comparison with this press launch day’s closing price.
The settlement-supply of the newly issued bizarre shares below the Capital Increase and their admission to buying and selling on the Euronext Development Paris multilateral buying and selling facility are anticipated to happen on the date of the ultimate completion of the Capital Increase.
In accordance with the provisions of Article 211-3 of the Normal Regulation of the French Monetary Markets Authority (“Règlement Général de l’Autorité des Marchés Financiers”), the issuance of new bizarre shares of the Company as half of an providing referred to in paragraph 1° of Article L. 411-2 of the Financial and Monetary Code didn’t require a prospectus topic to approval by the French Monetary Markets Authority (“Autorité des Marchés Financiers”, “AMF”).
The impression of the Capital Increase on the Company’s share capital distribution is as follows:
| Scenario as of Might 9, 2025 | Absolutely diluted foundation (*) | |||
| Shareholders | Quantity of shares | % capital | Quantity of shares | % capital |
| Executives | 11,899,918 | 12.49% | 16,989,864 | 7.66% |
| Fulgur Ventures | – | 0.00% | 77,422,168 | 34.90% |
| Adam Again | 3,666,666 | 3.85% | 21,202,997 | 9.56% |
| TOBAM | – | 0.00% | 5,759,820 | 2.60% |
| UTXO Administration | – | 0.00% | 4,244,478 | 1.91% |
| Generali Ambition Solidaire | – | 0.00% | 1,000,000 | 0.45% |
| Jean-Marie Formigé | – | 0.00% | 2,000,000 | 0.90% |
| Quadrille Capital – Disruption Fund Grasp | – | 0.00% | 686,059 | 0.31% |
| EFG Financial institution | – | 0.00% | 1,000,000 | 0.45% |
| VP Financial institution | – | 0.00% | 245,000 | 0.11% |
| V Financial institution | – | 0.00% | 255,000 | 0.11% |
| Patrick Zbinden | – | 0.00% | 200,000 | 0.09% |
| Free Shares to be Issued | 1,880,000 | 1.97% | 1,880,000 | 0.85% |
| Public & Institutional | 77,817,865 | 81.69% | 88,934,702 | 40.09% |
| Complete | 95,264,449 | 100.00% | 221,820,088 | 100.00% |
(*) Calculations primarily based on the quantity of shares comprising the Company’s share capital as of Might 9, 2025, including the quantity of shares ensuing from the complete conversion of all Convertible Bonds – “OCA” – and the complete train of the 2025-01 Share Subscription Warrants – “BSA 2025-01”.
The impression of the Capital Increase on the Company’s share capital distribution is as follows:
| Fairness quantity | Complete quantity of shares | Fairness per share (undiluted foundation) | Fairness per share (totally diluted foundation) (1) | |
| Earlier than the Capital Increase | €5,359,487.02 | 93,384,449 | €0.06 | €0.33 |
| After the Capital Increase | €15,247,523.65 | 102,429,488 | €0.15 | €0.36 |
(1) For the needs of calculating the fairness per share on a totally diluted foundation, the calculation is made primarily based on:
- the Company’s fairness as of December 31, 2024, to which has been added (i) the proceeds from the issuance of the OCA issued on March 4, 2025 (“OCA Tranche 1”), and the proceeds from the complete train of the BSA 2025-01 granted free of cost to all shareholders on April 11, 2025; and
- the quantity of shares ensuing from the complete conversion of all OCA issued on March 4, 2025, and the complete train of all BSA 2025-01 granted free of cost on April 11, 2025.
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| About The Blockchain Group (ALTBG)
The Blockchain Group is a Bitcoin Treasury Company listed on Euronext Development Paris, specialised in Knowledge Intelligence, |
EURONEXT Development Paris Ticker: ALTBG ISIN: FR0011053636 Reuters: ALTBG.PA Bloomberg: ALTBG.FP Contact: communication@theblockchain-group.com |
Disclaimer
This press launch doesn’t represent a proposal to promote or a solicitation to buy securities in any jurisdiction. It is probably not thought to be a proposal, solicitation, or sale in any jurisdiction the place such a proposal, solicitation, or sale could be illegal earlier than registration or certification below the native laws.
