The Blockchain Group Boosts Bitcoin Holdings by 12.3% with €17 Million Purchase

The Blockchain Group, a Paris-listed technology firm and Europe's first Bitcoin treasury company, has announced the acquisition of 182 Bitcoin (BTC) for approximately €17 million. This purchase, made between May 26 and June 12, 2025, was primarily funded through the completion of the company’s recent convertible bond issuance. The addition of 182 BTC brings the firm's total holdings to 1,653 BTC, marking a significant increase in its Bitcoin reserves.

The Blockchain Group reported a remarkable 1,173.2% yield on its Bitcoin holdings for the year 2025. This substantial yield underscores the company's strategic investment in Bitcoin, which it began accumulating in November 2024. The firm's proactive approach to Bitcoin acquisition positions it as a pioneer in the European market, setting a precedent for other corporations to follow suit.

The recent purchase was facilitated by the proceeds from the convertible bond issuance, which amounted to approximately €17 million. Additionally, the company highlighted that there is one outstanding subscription from its previous shares issuance, worth around €7.31 million, which has not yet been redeemed. This subscription, made by TOBAM and Adam Back, could potentially be used to purchase an additional 70 BTC, further increasing the company's holdings to 1,723 BTC once redeemed.

The Blockchain Group's decision to bolster its Bitcoin holdings comes at a time when many corporations are accelerating their Bitcoin acquisition strategies. This trend has been driven by the digital asset's recent performance, including its new all-time high in May 2025. The firm's early adoption of Bitcoin as part of its treasury strategy has positioned it as a leader in the institutional demand for the cryptocurrency.

The company's latest move is part of a broader trend among digital asset firms to increase their Bitcoin reserves. For instance, the Norwegian digital asset firm K33 recently announced plans to issue new shares to raise capital for purchasing 1,000 BTC. The Blockchain Group's proactive approach to Bitcoin investment not only enhances its financial position but also solidifies its status as a key player in the European Bitcoin market.

With over €300 million authorized for issuance and ongoing capital raise programs, The Blockchain Group may continue boosting its BTC reserves—potentially reaching 1,723 BTC soon—depending on warrant conversions and corporate financing moves. Its unique BTC Yield metric—a measure of bitcoin per fully diluted share—tracks how each issuance enhances its treasury position, offering a robust benchmark for investors.

The Blockchain Group’s latest bitcoin accumulation reinforces its leadership in the growing trend of European corporate crypto treasuries. With strong backing, institutional-grade funding, and healthy BTC yields, it stands as a leading case study in reshaping how firms allocate treasury capital in the era of digital finance.