The Blockchain Group Strengthens Bitcoin Portfolio with €60.2 Million Investment, Surpassing 1,000% YTD Gains

The Blockchain Group (ALTBG), Europe’s pioneering bitcoin treasury company listed on Euronext Growth Paris, has recently acquired 624 BTC for around €60.2 million ($68.8 million), marking a major boost to its digital asset portfolio.

This acquisition was made possible through two significant capital operations: a reserved capital increase followed by a convertible bond issuance.

On May 20, 2025, the company raised €6.8 million via a private placement, facilitating the purchase of 80 BTC. Shortly after, on May 26, a €55.3 million convertible bond issuance backed by Fulgur Ventures financed the acquisition of an additional 544 BTC.

Currently, The Blockchain Group and its Luxembourg subsidiary hold a combined total of 1,471 BTC, valued at about €131.9 million, with an average bitcoin price of €89,687.

Since the beginning of 2025, the firm has achieved a remarkable year-to-date bitcoin return of 1,097.6%, reflecting an increase of 439 BTC and a valuation gain of €42.3 million.