- Bitcoin’s acquisition of 60 BTC for nearly €5.5 million pushes The Blockchain Group’s total holdings to 1,788 BTC, valued at €161.3 million as of June 30, 2025.
- The company’s aggressive Bitcoin-first treasury policy delivered a 1,270.7% year-to-date return and a 69.3% quarterly return.
- Recent capital raises, including investments from Blockstream CEO Adam Back and asset manager TOBAM, funded purchases of 17.5 BTC combined.
Publicly traded companies are increasingly embracing Bitcoin, and The Blockchain Group (EURONEXT: ALTBG) made waves in Europe following the company’s newest 60 BTC purchase, which cost nearly €5.5 million. Through an average price of €91,879 per coin, the buy places the holdings of the company listed in Paris at 1,788 BTC, equivalent to €161.3 million in value by the end of business on June 30, 2025.
The company’s Bitcoin strategy director, Alexandre Liazet, disclosed the news via the social network X, celebrating The Blockchain Group’s continued commitment to an aggressive Bitcoin-first treasury policy. Being Europe’s first bitcoin treasury firm, The Blockchain Group posted mind-boggling gains, having realized 1,270.7% in year-to-date bitcoin return and 69.3% quarterly return.
The buyout was paid for through several rounds of capital in the last weeks. Blockstream CEO and prominent Bitcoin expert Adam Back subscribed to 2,126,565 new shares for €0.544 per share, transferring an amount of €1.16 million to the company, the amount which was paid for buying 13 BTC. TOBAM, an asset manager, also subscribed to 262,605 shares for the same price, transferring the amount of €142,857 to buy another 2.5 BTC.
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Bitcoin Boosts Blockchain Group with 508 BTC Added
Apart from these issuances of shares, the company also exercised BSA 2025-01 warrants for 1,101,175 new ordinary shares, raising €600,000 for the purchase of another 6 BTC. Furthermore, The Blockchain Group raised an “ATM-type” (at-the-market) TOBAM capital raise for €5.085 per share, which raised €4.1 million, the proceeds being used to purchase 41 BTC.
As a result of such strategic purchases, the company had 508.3 BTC in its treasury in the first two quarters of the year, of which 429.5 BTC were purchased in the second quarter alone. In euro equivalents, the unrealized gains are €46.7 million for the year and €39.5 million for the quarter.
The company’s current holdings in BTC were acquired for an average price of €90,213. The holdings are jointly owned by the parent company and the Luxembourg-based subsidiary of the parent company, The Blockchain Group Luxembourg SA.
Apart from its blockchain-based treasuries business, the company also operates subsidiaries in data insight, decentralized technology creation, and artificial intelligence. Its working principle is to maximize long-term shareholder value to the best degree through the growth of Bitcoin per fully diluted share, which makes the company a forward-thinking European pioneer in the field of corporate finance.
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