The Blockchain Group Acquires 60 BTC, Reports 1,270% YTD Bitcoin Yield

The Blockchain Group (EURONEXT: ALTBG) announced Monday it has acquired 60 BTC for approximately €5.5 million at an average price of €91,879 per bitcoin. The acquisition brings the company's total bitcoin holdings to 1,788 BTC valued at €161.3 million as of June 30, 2025, the company's director of Bitcoin strategy, Alexandre Liazet said in an X post on Monday.

The Paris-listed company reported a bitcoin yield of 1,270.7% year-to-date and 69.3% quarter-to-date. The firm describes itself as Europe's first bitcoin treasury company.

The latest bitcoin purchase was funded through multiple capital raising activities completed in recent weeks. Adam Back, CEO of Blockstream, subscribed to 2,126,565 new ordinary shares at €0.544 per share for a total of €1.16 million. Asset manager TOBAM subscribed to 262,605 shares at the same price for €142,857. These investments enabled the acquisition of 13 BTC for €1.19 million.

The company also converted BSA 2025-01 warrants into 1,101,175 new ordinary shares, raising €600,000 and funding the purchase of 6 BTC. Additionally, The Blockchain Group completed an "ATM-type" capital increase program with TOBAM at €5.085 per share, raising €4.1 million to acquire 41 BTC.

The Blockchain Group reported bitcoin gains of 508.3 BTC year-to-date and 429.5 BTC quarter-to-date. In euro terms, the company recorded gains of €46.7 million year-to-date and €39.5 million quarter-to-date.

The company's current bitcoin holdings have an average acquisition price of €90,213 per bitcoin. The Blockchain Group and its subsidiary The Blockchain Group Luxembourg SA jointly hold the 1,788 BTC.

The firm operates subsidiaries focused on data intelligence, AI, and decentralized technology consulting and development. The company's bitcoin treasury strategy aims to increase Bitcoin per fully diluted share over time.