The Blockchain Group Acquires 75 BTC After €7.2M Raise

Explore insights within the NFT house. This article dives into: “The Blockchain Group Acquires 75 BTC After €7.2M Raise”.

Today, The Blockchain Group (ALTBG), listed on Euronext Growth Paris and acknowledged as Europe’s first Bitcoin Treasury Company, has introduced the acquisition of 75 extra bitcoins for about €6.9 million. The buy brings the corporate’s whole bitcoin holdings to 1,728 BTC, at the moment valued at round €155.8 million.

The acquisition was funded by means of the ultimate completion of a €7.2 million capital improve, carried out through the Company’s wholly-owned Luxembourg subsidiary. The funding got here totally from TOBAM managed funds by means of an “ATM-type” fairness program introduced on June 17, 2025, with shares priced at a mean of €4.49 every.

The press launch acknowledged, “the Company also announced its decision to carry out, making use of the delegation of authority granted to him by the Board of Directors on June 11, 2025, itself acting under the 12th resolution approved by the General Meeting of Shareholders on June 10, 2025, a capital increase for a total amount of €7,191,143.60, through the issuance of 1,603,306 new ordinary shares at an average subscription price of €4.49 per share.”

This follows the conversion of all OCA A-01 Tranche 1 bonds held by TOBAM, which had been changed into 1,838,235 new ALTBG shares at a subscription value of €0.544 per share, a 30% premium over the volume-weighted common value (VWAP) previous the Board assembly of March 4, 2025.

“The Company confirms today the final conversion of all 1,000,000 OCA Tranche 1 by TOBAM, resulting in the issuance of 1,838,235 new ordinary shares of the Company, at a subscription price of €0.544 per share,” acknowledged the press launch.

The Company experiences a BTC Yield of 1,231.7% year-to-date, with a BTC Gain of 492.7 BTC and a BTC achieve of €45.2 million YTD. For the present quarter alone, BTC Yield stands at 64.5%, with 399.6 BTC gained.

Earlier this month, the corporate additionally acquired 182 BTC for about €17 million, elevating its BTC whole to 1,653 BTC at the moment. The purchases had been funded by means of convertible bond issuances totaling over €18 million, subscribed by buyers together with UTXO Management, Moonlight Capital, and TOBAM. 

The transactions had been executed through Swissquote Bank Europe and Banque Delubac, with safe custody supplied by Swiss digital asset infrastructure agency Taurus. Additional funding got here from the conversion of two.98 million share warrants, elevating an extra €1.6 million.

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