The Blockchain Group Acquires 182 Bitcoin, Boosting Total Holdings to 1,653 BTC
Bitcoin.com
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The Blockchain Group Acquires 182 Bitcoin, Boosting Total Holdings to 1,653 BTC
The Blockchain Group (Euronext Paris: ALTBG) announced the acquisition of 182 bitcoin for approximately $19.65 million (€17 million), bringing its total holdings to 1,653 BTC valued at around $171.36 million (€148.9 million).
The company reported a remarkable BTC yield of 1,173.2% year-to-date (YTD) and a gain of approximately 469.3 BTC, or about €43.8 million YTD.
This acquisition was facilitated through the definitive completion of several convertible bond issuances, including €3 million from UTXO Management for 31 BTC, €4.6 million from Moonlight Capital for 48 BTC, €2.4 million from Ludovic Chechin-Laurans for 25 BTC, and €6 million from TOBAM for 62 BTC. Additionally, the conversion of BSA 2025-01 into 2,980,092 ordinary shares enabled the acquisition of 16 BTC for €1.5 million.
The Blockchain Group, listed on Euronext Growth Paris, continues to reinforce its Bitcoin accumulation strategy while advancing the operational activities of its subsidiaries specializing in data intelligence, AI, and decentralized technology.
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