Key Highlights:
- The Blockchain Group has acquired 182 BTC for €17 million ($19.6 million), now holding a total of 1,653 BTC.
- The funding for this purchase came from convertible bond issuances and stock warrant conversions.
- Reportedly, the company achieved an astonishing 1,173% BTC yield in 2025, attributing an average cost basis of €90,000 per BTC.
The Blockchain Group (ALTBG), located in Paris, promotes itself as Europe’s pioneering Bitcoin treasury firm. It recently disclosed the procurement of 182 BTC for €17 million ($19.6 million), which elevates its total Bitcoin holdings to 1,653, roughly valued at €149 million.
This acquisition followed several convertible bond issuances, exceeding €18 million, supported by firms like UTXO Management, Moonlight Capital, and Ludovic Chechin-Laurans, alongside asset manager TOBAM. The group also converted share warrants into approximately 3 million ordinary shares, resourcing an extra €1.6 million for Bitcoin purchases.
The firm’s reported yield stands out in contrast to other major players; Strategy (MSTR), the top corporate Bitcoin holder, has reported a yield of 19.1% this year, while Metaplanet registered 266.07% and Semler Scientific (SMLR) reported 26.7%.
Purchases were facilitated through Swissquote Bank Europe and Banque Delubac, with custody managed by Taurus, a Swiss digital asset infrastructure provider. The latest purchase round adjusts the average cost basis of the firm’s Bitcoin to approximately €90,000 each.
In trading, shares of The Blockchain Group dropped 2.1% to €4.895 on the Euronext Paris, while the benchmark CAC 40 Index showed little movement.
