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    Home » The Blockchain group acquires 624 BTC, expands holdings to over €131M
    News 3 weeks ago

    The Blockchain group acquires 624 BTC, expands holdings to over €131M

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    3-6-2025 – The Blockchain Group (ALTBG), a trailblazing bitcoin treasury company listed on Euronext Growth Paris, has significantly bolstered its digital asset portfolio with the acquisition of 624 BTC, valued at approximately 60.2 million euros. This strategic investment, executed through its Luxembourg-based subsidiary, underscores the firm’s aggressive push to capitalise on the soaring value of bitcoin, which now stands at $105,264.77 per coin. The purchase has elevated the group’s total holdings to 1,471 BTC, with an estimated worth of 131.9 million euros, reflecting an average price of 89,687 euros per bitcoin.

    ALTBG executes strategic BTC acquisition through Luxembourg subsidiary.

    Two key funding rounds power the acquisition

    The acquisition was fuelled by two substantial financing initiatives completed in May 2025. On 20 May, a private placement raised 6.8 million euros, enabling the purchase of 80 BTC. Days later, on 26 May, a convertible bond issuance secured 55.3 million euros from Fulgur Ventures, which facilitated the addition of 544 BTC to the company’s reserves. These calculated financial manoeuvres highlight The Blockchain Group’s commitment to expanding its foothold in the volatile yet lucrative cryptocurrency market.

    Performance milestones: Over 1,000% YTD Bitcoin yield

    The firm’s performance this year has been nothing short of remarkable. Since January 2025, The Blockchain Group has achieved an extraordinary bitcoin yield of 1,097.6% year-to-date, alongside a net gain of 439 BTC and a value increase of 42.3 million euros. This meteoric rise not only cements the company’s status as a pioneer in Europe’s digital asset space but also signals the growing integration of cryptocurrency into mainstream financial strategies, a trend that continues to reshape investment paradigms across the continent.

     

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