The Blockchain Group has recently expanded its Bitcoin holdings with the acquisition of 22 BTC, following a series of capital-raising initiatives. This brings the company’s total Bitcoin reserves to 1,955 BTC as of July 21, valued at approximately $233.5 million.
According to an official notice, Europe’s first Bitcoin treasury company completed a capital increase through its At-The-Market (ATM) program in collaboration with TOBAM. Shares were issued at €3.95 ($4.59) each, generating approximately €1.1 million ($1.28 million). In addition, the company converted BSA 2025-01 into 2,274,754 new ordinary shares, raising another €1.2 million.
Proceeds totaling around $2.2 million from both capital increases were used to purchase 22 Bitcoin.
The company reported a year-to-date BTC yield of 1,373% and a quarter-to-date yield of 7.5%. Additionally, the Blockchain Group’s Bitcoin gains have reached 549.3 BTC, equivalent to approximately €55.5 million year-to-date.
As of July 21, Bitcoin has risen by 1.21% over the past 24 hours, reaching a daily high of $119,451. The leading cryptocurrency by market capitalization is steadily approaching the key $120,000 milestone.
Despite a recent pullback after hitting a new all-time high just a week earlier, BTC has remained relatively stable, trading within the $117,000 to $119,000 range.
Meanwhile, the Blockchain Group announced that it has completed the final steps to become listed on the U.S. OTCIQ market. This platform offers a transparent and regulated environment for international companies to connect with American investors.
