The Blockchain Group Expands Bitcoin Holdings by Nearly $70M, Now Owning 1,471 BTC in Total.

The Blockchain Group Acquires 624 BTC in €60.2 Million Deal, Surpassing 1,097% Year-to-Date Returns

Europe’s first publicly traded bitcoin treasury company, The Blockchain Group (ALTBG), listed on Euronext Growth Paris, has significantly increased its bitcoin holdings with a recent purchase of 624 BTC valued at about €60.2 million ($68.8 million).

This acquisition was made possible through two key capital operations: a reserved capital increase followed by a convertible bond issuance.

On May 20, 2025, the Group raised €6.8 million via private placement, securing 80 BTC. Shortly thereafter, on May 26, a €55.3 million convertible bond issuance, backed by Fulgur Ventures, funded the acquisition of 544 additional BTC.

With its Luxembourg-based subsidiary, The Blockchain Group now holds a total of 1,471 BTC, valued at an estimated €131.9 million and averaging €89,687 per bitcoin.

Since the beginning of 2025, the firm has recorded an outstanding bitcoin yield of 1,097.6% year-to-date, driven by a net increase of 439 BTC and a valuation gain of €42.3 million.