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The Blockchain Group has expanded its Bitcoin treasury by acquiring 60 BTC, reinforcing its position as a leading Bitcoin Treasury Company in Europe.
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This strategic purchase was funded through recent capital raises, including significant investments from notable figures such as Blockstream CEO Adam Back and asset manager TOBAM.
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According to COINOTAG, the company’s Bitcoin yield has surged to over 1,270% year-to-date, underscoring its robust performance and investor confidence.
The Blockchain Group boosts its Bitcoin holdings to 1,788 BTC after a €5.5M capital raise, achieving a 1,270% YTD yield and strong investor support for expansion.
Blockchain Group’s Strategic Bitcoin Accumulation Accelerates with €5.5 Million Investment
The Blockchain Group, recognized as Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has recently augmented its Bitcoin reserves by acquiring an additional 60 BTC for approximately €5.5 million. This acquisition brings the company’s total Bitcoin holdings to 1,788 BTC, valued at around €161.3 million. The capital infusion was facilitated through a combination of warrant conversions and new equity subscriptions, reflecting a well-orchestrated funding strategy aimed at bolstering its Bitcoin treasury.
Key Investors and Capital Operations Drive Growth
Prominent investors played a pivotal role in this capital raise. Blockstream CEO Adam Back subscribed to 2.1 million shares at €0.544 each, contributing roughly €1.16 million towards the Bitcoin purchase. Additionally, asset manager TOBAM invested €0.14 million by subscribing to 262,605 shares as part of legal adjustments for convertible note holders. The company also converted over 1.1 million warrants (BSA 2025-01) into shares, raising €0.6 million, and completed a €4.1 million capital raise under its “ATM-type” program with TOBAM. These coordinated efforts highlight strong institutional confidence in The Blockchain Group’s Bitcoin-centric strategy.
Investor Confidence Evident in Shareholder Vote and Fundraising Expansion
Investor backing was further demonstrated during a recent shareholder vote that approved increasing the company’s fundraising limit to €500 million in nominal value. The resolution passed with over 95% approval, signaling robust support for the company’s ambition to expand its Bitcoin holdings aggressively. This decisive vote empowers The Blockchain Group to pursue larger capital raises, positioning it to scale its Bitcoin treasury significantly in the coming years.
Exceptional Bitcoin Yield Reflects Effective Treasury Management
The Blockchain Group reported an impressive Bitcoin yield of approximately 1,270.7% year-to-date, translating to a net gain exceeding 500 BTC valued at around €46.7 million. This performance surpasses the 709% return recorded in 2024, indicating accelerated growth and effective treasury management. The average acquisition price of the Bitcoin holdings stands at approximately €90,213 per BTC, reflecting disciplined purchasing strategies amid market fluctuations.
Long-Term Vision: Targeting 1% of Bitcoin Supply by 2032
Looking ahead, The Blockchain Group has set an ambitious goal to accumulate roughly 170,000 BTC—equivalent to 1% of the total Bitcoin supply—by 2032. The company aims to increase Bitcoin holdings per fully diluted share progressively, aligning its growth trajectory with shareholder value creation. This long-term vision underscores a commitment to becoming a dominant institutional Bitcoin holder in Europe, leveraging capital markets to fuel sustainable expansion.
Implications for the European Crypto Market
The Blockchain Group’s aggressive accumulation strategy and successful capital raises may serve as a catalyst for increased institutional participation in the European crypto ecosystem. By demonstrating the viability of a Bitcoin Treasury Company model on a public exchange, it sets a precedent for transparency and investor engagement in digital asset management. Market observers anticipate that this could encourage other firms to adopt similar approaches, fostering broader adoption and maturity in the crypto sector.
Conclusion
The Blockchain Group’s recent acquisition of 60 BTC, backed by substantial capital raises and strong investor support, marks a significant milestone in its mission to build a formidable Bitcoin treasury. With a year-to-date yield exceeding 1,270% and a clear roadmap to accumulate 1% of Bitcoin’s total supply by 2032, the company exemplifies strategic foresight and operational excellence in crypto asset management. Stakeholders and market participants should closely monitor its progress as it continues to shape the future of institutional Bitcoin investment in Europe.
