The Blockchain Group Boosts Bitcoin Holdings by 6.5% with €11 Million Capital Raise

Generated by AI AgentCoin World
Monday, Jul 7, 2025 6:16 am ET1min read
BTC
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The Blockchain Group, Europe’s first

Bitcoin
Treasury Company listed on Euronext Growth Paris, has significantly bolstered its Bitcoin holdings. The company recently completed three strategic capital raises, totaling approximately €11 million, which facilitated the acquisition of 116 Bitcoin (BTC). This strategic move has increased the company's total Bitcoin stash to 1,904 BTC.

The capital raises were executed through a combination of equity issuance and convertible bond issuances. On July 1, the company finalized an “ATM-type” equity issuance to an institutional investor, bringing in approximately €1 million at a price of around €5.251 per share. This capital was immediately deployed to purchase 11 BTC. In parallel, the company’s Luxembourg subsidiary executed two €5 million convertible bond issuances. The first was subscribed by the same institutional investor at a conversion price of €5.174 per share, funding the purchase of 52 BTC for roughly €4.8 million. The second was subscribed by Blockstream CEO, allowing the acquisition of 53 BTC for about €4.9 million.

These three rounds cumulatively brought in approximately €11 million, enabling the firm to purchase 116 BTC at an average acquisition price of around €94,827 per BTC. As a result, The Blockchain Group and its Luxembourg unit now hold a total of 1,904 BTC, acquired for a cumulative €172 million, with an average entry price of approximately €90,332 per BTC. This marks a 6.5% increase in total BTC holdings from the prior announcement, when the company held 1,788 BTC following its earlier €5.5 million acquisition.

The company reported a BTC Yield of approximately 1,348.8% and a BTC Gain of approximately 539.5 BTC since the start of this year. This translates into a BTC € Gain of nearly €49.7 million. This marks a 6.1% increase in BTC Yield from the previously reported year-to-date yield of approximately 1,270.7%, reflecting the compounding effect of the additional 116 BTC acquired through the latest capital raises.

The Blockchain Group began accumulating Bitcoin in November of last year and aims to hold around 170,000 BTC, which represents about 1% of the total Bitcoin supply, by 2032. The company’s strategy focuses on steadily increasing the amount of BTC held per fully diluted share, reinforcing their position as a leading Bitcoin Treasury Company.