The Blockchain Group Expands Bitcoin Holdings by 75 BTC Following €7.2 Million Capital Injection

The Blockchain Group (ALTBG) has expanded its Bitcoin holdings by acquiring 75 more Bitcoins, following a €7.2 million capital injection. The company utilized approximately €6.9 million of the raised funds to purchase the additional Bitcoins, bringing its total holdings to 1,728 BTC. This strategic move underscores ALTBG's commitment to increasing its Bitcoin reserves, with the current estimated value of its holdings standing at €155.8 million.

The capital raise was facilitated through a combination of equity issuance, bond conversion, and warrant exercises. The Luxembourg subsidiary of ALTBG managed the funding round, which included an equity offering announced on June 17, 2025. The company issued 1,603,306 new shares at an average subscription price of €4.49 each. Additionally, 1 million OCA A-01 Tranche 1 bonds held by TOBAM were converted into 1,838,235 shares, priced at €0.544 per share, representing a 30% premium above the volume-weighted average price prior to the Board meeting held on March 4, 2025. The Board of Directors approved the issuance using authority delegated during a shareholder meeting on June 10, 2025.

ALTBG's Bitcoin performance metrics continue to show impressive results. As of June 2025, the company reported a year-to-date Bitcoin yield of 1,231.7%, reflecting a gain of 492.7 BTC and €45.2 million in value growth. Quarter-to-date figures also indicate a yield of 64.5%, with 399.6 BTC gained during the current quarter alone. Earlier in June, ALTBG acquired 182 BTC for €17 million, bringing total holdings to 1,653 BTC at that time. Those acquisitions were funded through more than €18 million in convertible bond subscriptions from investors including UTXO Management, Moonlight Capital, and TOBAM.

The execution of the Bitcoin purchases was facilitated by Swissquote Bank Europe and Banque Delubac, with custody of the digital assets handled by Taurus, a Switzerland-based digital asset infrastructure provider. Additional financing was secured through the conversion of 2.98 million share warrants, raising another €1.6 million, which was used in part to support Bitcoin accumulation. ALTBG remains one of the few public companies in Europe holding a significant amount of Bitcoin on its balance sheet, reflecting its ongoing Bitcoin treasury strategy. With funding mechanisms in place and shares actively issued, the company has executed structured acquisitions supported by institutional backing.