The Blockchain Group (Euronext Paris: ALTBG) has confirmed the acquisition of 624 bitcoin ( BTC) for approximately €60.2 million, bringing its total holdings to 1,471 BTC valued at around €131.9 million. This acquisition follows the completion of a reserved capital increase and private placement announced on May 20, 2025, which raised about €8.6 million to acquire 80 BTC for €7.7 million. Additionally, the company completed a convertible bond issuance on May 26, 2025, totaling approximately €55.3 million, subscribed by Fulgur Ventures, enabling the acquisition of 544 BTC for €52.5 million. The Blockchain Group reported a year-to-date BTC yield of 1,097.6%, with a gain of 439 BTC and a corresponding gain of about €42.3 million. The company continues to reinforce its bitcoin accumulation strategy while developing the operational activities of its subsidiaries, which specialize in data intelligence, AI, and decentralized technology consulting.
The Blockchain Group Acquires 624 BTC, Total Holdings Reach 1,471 BTC
news.bitcoin.com
03 June 2025 06:45, UTC