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Reading: The Blockchain Group Bolsters Reserves With $12.5M BTC Acquisition
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Blockchain

The Blockchain Group Bolsters Reserves With $12.5M BTC Acquisition

Last updated: July 7, 2025 2:00 pm
Published: 8 months ago
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The Blockchain Group (ALTBG) has confirmed the acquisition of 116 BTC for approximately 10.7 million euro ($12.51 million), increasing its total bitcoin

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, such as 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).

Read more on CoinDesk

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