European blockchain company The Blockchain Group S.A. (France: ALTBG) has raised €63.3 million through a convertible bond issuance, bolstering its Bitcoin reserves. This funding will allow the company to acquire more Bitcoin (BTC). The firm announced on May 26th that it successfully issued bonds to raise this sum, primarily for purchasing additional BTC. The resulting increase in Bitcoin holdings brought The Blockchain Group’s total number of coins up to roughly 1,437. Notably, they secured €5 million from Moonlight Capital, €55.3 million from Fulgur Ventures, and €3 million from OCA Tranche 2 by UTXO Management. The bonds carry a five-year maturity term, while Swissquote Bank Europe will hold the acquired Bitcoin.