The Blockchain Group (ALTBG), listed on Euronext Growth Paris and known as Europe’s first bitcoin BTC treasury company, has bought 624 BTC for approximately 60.2 million euros ($68.8 million).
This move follows two major financing operations: a reserved capital increase and a convertible bond issuance.
On May 20, 2025, the Group raised 6.8 million euros through a private placement, enabling the acquisition of 80 BTC. Shortly after, on May 26, a convertible bond issuance brought in 55.3 million euros subscribed by Fulgur Ventures used to purchase an additional 544 BTC.
As a result, The Blockchain Group and its Luxembourg-based subsidiary now hold a total of 1,471 BTC, valued at roughly 131.9 million euros (averaging 89,687 euros per bitcoin).
Since the beginning of 2025, the company has recorded a BTC yield of 1,097.6% YTD, along with a BTC gain of 439 BTC and a value gain of 42.3 million euros.