As Bitcoin holds strong above $100,000, institutional investors are doubling down. In a powerful signal of confidence in the crypto market, two major firms—one from the U.S. and one from Europe—have announced plans to acquire a combined $312 million in Bitcoin for treasury purposes.
The first, Nasdaq-listed GD Culture Group, has entered a stock purchase agreement to raise up to $300 million to invest in Bitcoin and other digital assets. Meanwhile, The Blockchain Group, a Paris-based technology firm, has issued €12.1 million in convertible bonds to accelerate its Bitcoin Treasury Company strategy.
This growing wave of institutional Bitcoin adoption highlights the asset’s transformation from speculative investment to a recognized corporate reserve—across continents and regulatory frameworks.
GD Culture Group to Raise $300M for Bitcoin Purchases
On May 10, GD Culture Group, a Nasdaq-listed firm based in the U.S., announced that it has entered into a $300 million common stock purchase agreement with an institutional investor. The goal? Allocate capital into Bitcoin and high-conviction digital assets, including select memecoins like TRUMP.
The company said the initiative is part of a larger effort to “enhance its crypto asset portfolio and strengthen its presence in the Web3 space.

According to the official press release, the firm aims to capitalize on market momentum while positioning Bitcoin as a long-term strategic reserve asset. The plan is also designed to boost engagement with crypto-native communities and platforms.
Despite facing a compliance warning from Nasdaq, GD Culture’s management stated they are confident in the move and view Bitcoin as a hedge against macro uncertainty.
The Blockchain Group Issues €12.1M to Boost Bitcoin Strategy
Meanwhile in Europe, The Blockchain Group—known as the continent’s first Bitcoin Treasury Company—is accelerating its strategy. On May 10, the company announced a €12.1 million convertible bond issuance in partnership with Adam Back’s firm to increase the company’s Bitcoin holdings.
The Blockchain Group announces a convertible bond issuance of ~€12.1M with @adam3us to accelerate its Bitcoin Treasury Company strategy ⚡️
— The Blockchain Group (@_ALTBG) May 12, 2025
🟠 $ALTBG Europe's First Bitcoin Treasury Company, focused on increasing the number of bitcoin per fully diluted share over time.
Full… pic.twitter.com/J0b835t1IS
As outlined in their Nasdaq article, the goal is to increase the number of BTC per fully diluted share over time, turning the company into a Bitcoin-backed equity instrument.
The initiative reflects a broader trend in Europe toward Bitcoin-native corporate structures, with The Blockchain Group modeling itself as a kind of “European MicroStrategy”—minus the legacy business overhead.
Final Thoughts – Institutions Across Continents Are Accumulating Bitcoin
With over $312 million in fresh institutional inflows announced in a matter of days, Bitcoin is proving it remains at the center of long-term treasury strategies. GD Culture Group’s $300 million agreement and The Blockchain Group’s €12.1 million raise both signal a new phase of international corporate adoption, bridging the U.S. and Europe.These moves highlight Bitcoin’s evolution into a globally recognized reserve asset, used not just for speculation, but for strategic balance sheet resilience. As crypto markets mature, expect more companies—especially public ones—to follow suit.