The Blockchain Group, a Paris-based firm aiming to be Europe's leading Bitcoin treasury company, plans to raise approximately $340 million (€300 million) to significantly expand its Bitcoin holdings. This follows a recent $68 million Bitcoin purchase, bringing their current treasury to over $154 million (1,471 BTC). The capital raise will utilize a US-inspired "At-The-Market" (ATM) offering, selling shares at prevailing market rates. This move underscores growing institutional confidence in Bitcoin and aligns with other companies like MicroStrategy accumulating substantial BTC reserves.