The Blockchain Group Expands Bitcoin Holdings with €60.2 Million Purchase, Achieving Over 1,097% YTD Return
Europe’s first publicly listed bitcoin treasury company, The Blockchain Group (ALTBG), trading on Euronext Growth Paris, has added 624 BTC to its portfolio through an investment of approximately €60.2 million ($68.8 million).
This strategic acquisition was funded by two major capital-raising initiatives: a reserved capital increase and a convertible bond issuance.
On May 20, 2025, the Group secured €6.8 million via a private placement, acquiring 80 BTC. Shortly after, on May 26, a €55.3 million convertible bond issuance—subscribed by Fulgur Ventures—enabled the purchase of another 544 BTC.
Together with its Luxembourg-based subsidiary, The Blockchain Group now holds a total of 1,471 BTC, valued at around €131.9 million, with an average bitcoin price of €89,687.
Since the start of 2025, the company has recorded an impressive year-to-date bitcoin yield of 1,097.6%, driven by a net increase of 439 BTC and a value gain of €42.3 million.
About The Author
More Stories
Bitcoin drops under $70,000 as rising oil prices and a Fed pause pressure risk assets.
Bitcoin drops under $71,000 while stocks end the day near session lows as expectations for a 2026 Fed rate cut dim further.
Bitcoin unexpectedly beats gold as a hawkish Fed and surging oil prices spark a risk-off mood.