The Blockchain Group Boosts Bitcoin Holdings with €60.2 Million Acquisition, Achieving Over 1,097% YTD Return
The Blockchain Group (ALTBG), Europe’s first publicly traded bitcoin treasury company on Euronext Growth Paris, has significantly expanded its bitcoin holdings by acquiring 624 BTC valued at approximately €60.2 million ($68.8 million).
This substantial purchase follows two key capital operations: a reserved capital increase and a convertible bond issuance.
On May 20, 2025, the Group successfully raised €6.8 million via a private placement, enabling the purchase of 80 BTC. Shortly thereafter, on May 26, a €55.3 million convertible bond issuance, subscribed by Fulgur Ventures, funded the acquisition of an additional 544 BTC.
As a result, The Blockchain Group, together with its Luxembourg subsidiary, now holds a combined total of 1,471 BTC. These assets are valued at approximately €131.9 million, averaging €89,687 per bitcoin.
Since the start of 2025, the company has posted an impressive bitcoin yield of 1,097.6% year-to-date, driven by a net gain of 439 BTC and an overall value increase of €42.3 million.
