BlockBeats News, September 25th, French asset management company Melanion Capital announced today the launch of a new strategic initiative, becoming the first private regulatory compliant asset management company in Europe to implement a Bitcoin Treasury Operations Model (BTOC). This marks a new phase in the investment management company's development in the Bitcoin (BTC) investment field and opens up opportunities for other private enterprises to follow suit.
To accelerate this strategy, the Melanion board plans to raise 50 million euros, all earmarked for Bitcoin allocation. This will be one of the largest private Bitcoin treasury commitments in Europe, reflecting both Melanion's ambition and its firm belief that corporate treasuries must adapt to the new monetary order.
Unlike the public company model, Melanion's private structure offers greater flexibility in addressing volatility, transaction structure design, and liquidity management. The company will implement this strategy directly on its balance sheet, pioneering a sustainable Bitcoin treasury model and providing a framework for other private enterprises to become BTOCs.