French publicly traded company The Blockchain Group has been actively expanding its Bitcoin holdings through multiple acquisitions and capital raises. Since June 2025, the company has raised €9.7 million via equity and Bitcoin-denominated bonds to increase its Bitcoin treasury to over 1,600 BTC. In mid-June, it purchased an additional 182 BTC for approximately €17 million. By early July, The Blockchain Group acquired another 116 BTC for around €10.7 million, bringing its total holdings to 1,904 BTC with a reported Bitcoin yield of 1,348.8% year-to-date. Subsequently, the company issued new shares to raise €3 million, enabling it to buy an additional 25 BTC and potentially increase its holdings to 1,929 BTC. Later in July, The Blockchain Group purchased 58 more BTC for €5.9 million and conducted a €6 million capital increase to support its Bitcoin treasury strategy. Separately, Paris-based semiconductor and internet-of-things firm Sequans has secured approximately $384 million through debt and equity offerings to acquire Bitcoin. The Nasdaq-listed company has been approved for this Bitcoin purchase, signaling growing corporate demand. In the Ethereum market, BitMine Immersion, an Ethereum treasury firm led by Tom Lee, announced a $1 billion stock repurchase program as its holdings reached 625,000 ETH. The Ether Machine, another major Ethereum holder, acquired 15,000 ETH for $56.9 million, increasing its total holdings to 334,757 ETH and surpassing the Ethereum Foundation as the third-largest holder. Institutional interest in Ethereum remains strong, with a whale recently purchasing $153 million worth of ETH via Galaxy Digital OTC. Overall, Ethereum treasuries across 64 entities have surpassed $10 billion. On the Bitcoin side, whales have accumulated nearly 1% of the circulating Bitcoin supply over the past four months, indicating intensified institutional accumulation activity.