The Blockchain Group Expands Bitcoin Treasury to 1,904 BTC Amid Impressive Gains
European bitcoin treasury company The Blockchain Group (ALTBG) has increased its bitcoin holdings to 1,904 BTC after acquiring an additional 116 BTC for around €10.7 million ($12.51 million).
The purchase is part of the firm’s strategic growth, supported by recent capital initiatives, including an “ATM-type” capital increase and a convertible bond issuance completed in early July 2025.
ALTBG has posted a remarkable BTC yield of approximately 1,348% so far this year, showcasing the strong performance of its treasury operations.
Investors such as TOBAM and Adam Back participated in recent funding rounds, enabling ALTBG to secure 11 BTC for roughly €1 million ($1.17 million) and another 105 BTC for nearly €9.8 million ($11.47 million).
The company’s average bitcoin acquisition cost stands at approximately €90,332 ($105,688) per BTC, bringing the total value of its bitcoin reserves to around €172 million ($201.24 million).
