The Blockchain Group Boosts Bitcoin Holdings by 74% with €63.9 Million Investment

Generated by AI AgentCoin World
Tuesday, Jun 3, 2025 2:52 am ET1min read

The Blockchain Group has recently made a substantial investment to enhance its Bitcoin holdings. The company has acquired an additional 624 Bitcoins, increasing its total holdings to 1,471 Bitcoins. This significant purchase was facilitated through two major financial transactions: a reserved capital increase and a private placement, which together raised approximately €8.6 million, and a convertible bond issuance subscribed by Fulgur Ventures, amounting to around €55.3 million.

The capital increase, finalized on May 20, 2025, involved the issuance of 3,368,258 new ordinary shares at €1.2790 per share, raising €8.6 million. This capital was utilized to purchase 80 Bitcoins for approximately €7.7 million. The convertible bond issuance, announced on May 26, 2025, was subscribed by Fulgur Ventures and raised €55.3 million. This funding enabled the acquisition of 544 Bitcoins for around €52.5 million.

The Blockchain Group's strategy of accumulating Bitcoin has proven to be highly successful. Since the beginning of the year, the company has achieved a Bitcoin yield of approximately 1,097.6%, a Bitcoin gain of 439 Bitcoins, and a Bitcoin euro gain of around €42.3 million. The total acquisition value of the company's Bitcoin holdings is approximately €131.9 million, based on an average price of €89,687 per Bitcoin.

The company's Bitcoin holdings are securely managed through Banque Delubac & Cie and Swissquote Bank Europe

, with custody provided by the technological solutions of Swiss company Taurus. This acquisition is part of The Blockchain Group's ongoing strategy to increase its Bitcoin holdings and reinforce its position as a leading Bitcoin Treasury Company.

The Blockchain Group, listed on Euronext Growth Paris, is Europe's first Bitcoin Treasury Company. The company specializes in Data Intelligence, AI, and decentralized technology consulting and development. This latest acquisition underscores the company's commitment to its Bitcoin accumulation strategy while continuing to develop the operational activities of its subsidiaries.