European Bitcoin Treasury Firm Surpasses 1,900 BTC as Yield Soars

The Blockchain Group (ALTBG), a European bitcoin treasury company, has announced the purchase of 116 BTC for approximately €10.7 million ($12.51 million), lifting its total bitcoin holdings to 1,904 BTC.

This latest acquisition stems from several capital initiatives, including an “ATM-style” capital increase and a convertible bond issuance finalized in early July 2025.

ALTBG has achieved an impressive year-to-date BTC yield of around 1,348%, underscoring the strength of its treasury management strategy.

Notable investors such as TOBAM and Adam Back participated in recent fundraising rounds, enabling the purchase of 11 BTC for roughly €1 million ($1.17 million) and 105 BTC for nearly €9.8 million ($11.47 million).

The company’s average acquisition cost stands at around €90,332 ($105,688) per bitcoin, bringing the total value of its bitcoin reserves to approximately €172.0 million ($201.24 million).