The Blockchain Group Strengthens Its Holdings Through $12.5M Purchase of Bitcoin
The Blockchain Group (ALTBG) has confirmed the acquisition of 116 BTC for approximately 10.7 million euro ($12.51 million), increasing its total bitcoin holdings to 1,904 BTC. This strategic expansion results from a series of capital operations, including an “ATM-type” capital increase and a convertible bond issuance, both completed in early July 2025. The company achieved a remarkable BTC Yield of roughly 1,348% year-to-date, reflecting significant gains in its treasury strategy. Investors, including TOBAM and Adam Back, contributed to recent rounds, enabling purchases of 11 BTC for about 1 million euro ($1.17 million) and 105 BTC for close to 9.8 million euro ($11.47 million) combined. With an average acquisition price of nearly 90,332 euro ($105,688) per bitcoin, the total value of the company’s bitcoin reserves now stands at around 172.0 million euro ($201.24 million). For further insights, check out Hotnchill for more on the Blockchain Group’s progress in advancing its bitcoin treasury strategy.
