French Crypto Firm Goes All-In, Plans to Swap €200M for 2000 BTC—Because Why Not?

Imagine a French company, Crypto Blockchain Industries, which sounds like a fancy new perfume, deciding it’s high time to flirt with Bitcoin on the sly. Not just flirt—no, they’re planning a full-blown investment bonanza. They announced they’re expanding their Bitcoin stash—because what better way to say “We’re serious about crypto” than by swapping equity for 2,000 shiny new Bitcoins? That’s roughly enough crypto to make your grandma’s cookie jar look boring.

Bitcoin Logo

This deal is like a high-stakes game of Monopoly, only replace Boardwalk with actual Bitcoin, and the currency is now worth enough to buy a small island.”

  • CBI, which sounds more like a fancy French baguette than a crypto giant, is acquiring more Bitcoin through an all-equity deal. Because, apparently, cash is so last decade.
  • SAFEbit—sounds like the name of a superhero sidekick—will gradually exchange 2,000 BTC for CBI shares, probably hoping someone will notice and offer them a Nobel Peace Prize for financial audacity.
  • Globally, Bitcoin treasuries are the new black—everyone’s doing it. Forget gold—now it’s “Can I hold your Bitcoin?”

As of August 1, Paris’s finest—CBI and its sidekick Ker Ventures—decided to play the long game. They’re swapping shares for Bitcoin, turning their balance sheets into a digital treasure hunt. The deal could be worth a cool €200 million, which makes you wonder if they’re planning to buy an entire shopping mall or just a really fancy yacht.

Equity-Only: Because Who Needs Cash Anyway?

Going all-equity means they’re not parting with cash—just shares. It’s the crypto equivalent of tossing your chips onto a roulette wheel with zero regard for the color. A smart move? Well, if Bitcoin takes off, they’re golden. If not—uh-oh, hello volatility and maybe some shareholder mutinies.

This strategy keeps the risk on the crypto rollercoaster, not on their bank accounts. But it does mean existing shareholders might feel like they’re being diluted at a rate of “more Bitcoin, less ownership.” Perhaps this is why investors look a bit nervous, yet strangely intrigued. It’s basically like betting your entire salary on a single flip of a Bitcoin coin—thrilling, terrifying, and probably unwise, but hey, at least it’s exciting.

Stock Chart with Volatility

And let’s not forget, CBI is one of those companies that’s into crypto gaming and NFTs, which sounds adorable until you realize it’s also into turning its shares into digital gold. Frédéric Chesnais, their boss, owns Ker Ventures—because who doesn’t love a guy with a fancy French name and a penchant for risky crypto bets?

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2025-08-01 17:03