Blockchain Group Stacks Up 60 More BTC, Total Now at 1,788!

Europe's First Bitcoin Treasury Company on Euronext Growth Paris Goes Big on Bitcoin

Hold onto your hats, crypto fans! The Blockchain Group just upped their Bitcoin game, adding a cool 60 BTC to their stash after a wild series of cash grabs. Their total now? A whopping 1,788 BTC, clocking in at about €161.3 million. That's right, they're not messing around!

The Blockchain Group, the trailblazers of Bitcoin Treasury on Euronext Growth Paris, splashed out around €5.5 million for those 60 BTC. And guess what? Their total holdings are now rocking 1,788 BTC, valued at a hefty €161.3 million. Talk about going all in on Bitcoin!

So, how'd they pull this off? A mix of slick moves: converting warrants and getting fresh equity subscriptions. Big names like Blockstream's CEO Adam Back jumped in, snagging 2.1 million shares at €0.544 a pop, tossing in about €1.16 million for the Bitcoin haul. And don't forget TOBAM, the asset manager, who chipped in with 262,605 shares for around €0.14 million, all part of some fancy legal adjustments for convertible note holders.

But wait, there's more! They converted over 1.1 million warrants (BSA 2025-01) into shares, pulling in €0.6 million, and wrapped up a slick €4.1 million capital raise with TOBAM under their "ATM-type" program. These guys know how to play the game!

This cash boost came right after shareholders voted to crank up the company's fundraising cap to a massive €500 million in nominal value. Over 95% of the votes were a resounding yes, showing just how much investors are behind the Blockchain Group's full-throttle Bitcoin strategy.

And get this: their Bitcoin yield is off the charts at 1,270.7% year-to-date, with a net gain of over 500 BTC, worth around €46.7 million. Their total Bitcoin stash? 1,788 BTC, bought at an average of about €90,213 per BTC. That's some serious crypto muscle!

The Blockchain Group kicked off their Bitcoin journey last November, and their 2024 financial results were mind-blowing with a 709% return on their Bitcoin investments. But hold up, the YTD yield of 1,270% they're reporting for the first half of 2025? It's already blown past the entire return from last year. These guys are on fire!

And what's their grand plan? To stack up a staggering 170,000 BTC by 2032—that's 1% of the total Bitcoin supply, people! They're all about slowly but surely boosting the Bitcoin per fully diluted share. Buckle up, because the Blockchain Group is in it to win it!