[French Asset Management Firm Melanion Capital Plans to Raise €50 Million for Bitcoin Reserves] Odaily Planet Daily reports, according to The Fintech Times, that Paris-based asset management firm Melanion Capital has announced the launch of a new strategy to raise €50 million, which will be entirely allocated to Bitcoin as the company's proprietary reserve asset. The company stated that this move aims to introduce Europe's first regulated private Bitcoin reserve model and provide a proof-of-concept for other private companies to follow. Unlike passive holding, Melanion Capital plans to actively manage the reserves through treasury optimization and other methods to enhance performance, aiming to transform Bitcoin from a defensive allocation into a proactive source of market outperformance. In 2021, Melanion Capital launched Europe's first Bitcoin-themed ETF compliant with UCITS standards.