The Blockchain Group Boosts Bitcoin Reserves with €60.2 Million Investment, Reporting Over 1,097% YTD Growth
The Blockchain Group (ALTBG), Europe’s first bitcoin treasury firm listed on Euronext Growth Paris, has expanded its cryptocurrency holdings by acquiring 624 BTC valued at roughly €60.2 million ($68.8 million).
This acquisition follows two significant fundraising events: a reserved capital increase and the issuance of convertible bonds.
On May 20, 2025, the Group raised €6.8 million through a private placement, facilitating the purchase of 80 BTC. Just days later, on May 26, it secured €55.3 million from a convertible bond issuance backed by Fulgur Ventures, enabling the acquisition of an additional 544 BTC.
Combined with its Luxembourg subsidiary, The Blockchain Group’s total bitcoin holdings now stand at 1,471 BTC, valued at approximately €131.9 million, with an average cost of €89,687 per bitcoin.
Year-to-date, the company boasts a remarkable 1,097.6% return on its bitcoin investment, fueled by a net gain of 439 BTC and a value increase of €42.3 million.
