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The Blockchain Group purchased an additional 182 BTC, bringing the total reserves to 1.653 BTC.
The technology company listed in Paris – The Blockchain Group – has just purchased an additional 182 BTC worth approximately 19.6 million USD, raising its total holdings to 1,653 BTC, equivalent to over 170 million USD at market prices. The transaction was financed from recent issuance of convertible bonds worth 20.7 million USD, with participation from UTXO Management, Moonlight Capital, and TOBAM. The trade was executed by Banque Delubac & Cie and Swissquote Bank Europe SA, custodied by Taurus.
Since the beginning of 2025, the company has purchased an additional 469 BTC, with a reported profit of over 49.4 million USD, achieving a yield of 1,173%. The average purchase price is 103,000 USD/BTC. The company plans to raise an additional 300 million euros through ATMs to continue buying BTC. ALTBG shares are currently down 3.9% for the day.