ALTBG Acquires 624 BTC, Boosting Total Holdings to 1,471 BTC
The Blockchain Group (ALTBG), listed on Euronext Growth Paris and known as Europe’s first bitcoin
treasury company, has bought 624 BTC for approximately 60.2 million euros ($68.8 million).This move follows two major financing operations: a reserved capital increase and a convertible bond issuance.
On May 20, 2025, the Group raised 6.8 million euros through a private placement, enabling the acquisition of 80 BTC. Shortly after, on May 26, a convertible bond issuance brought in 55.3 million euros subscribed by Fulgur Ventures used to purchase an additional 544 BTC.
As a result, The Blockchain Group and its Luxembourg-based subsidiary now hold a total of 1,471 BTC, valued at roughly 131.9 million euros (averaging 89,687 euros per bitcoin).
Since the beginning of 2025, the company has recorded a BTC yield of 1,097.6% YTD, along with a BTC gain of 439 BTC and a value gain of 42.3 million euros.
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