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CoinDesk 2025-07-07 07:53:40

The Blockchain Group Bolsters Bitcoin Reserves With $12.5M BTC Acquisition

The Blockchain Group (ALTBG) has confirmed the acquisition of 116 BTC for approximately 10.7 million euro ($12.51 million), increasing its total bitcoin (BTC) holdings to 1,904 BTC. 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: The Blockchain Group Raises $13M to Advance Bitcoin Treasury Vision

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