The Blockchain Group, a French company pioneer in the accumulation of Bitcoin (BTC) as a treasury asset among European companies, announced the acquisition of 60 BTC more for 5.5 million euros.
With this operation, the company Raise your holdings At 1,788 BTC, reflecting a firm commitment to its expansion plan in the digital currency market.
The purchase was financed through various strategic operations. Among them, the Blockstream CEO, Adam Back, signed more than 2.1 million new shares for 1.16 million euros, What allowed to acquire 13 BTC.
For its part, the French asset manager Tobam contributed about 143,000 euros by subscribing 262,605 shares, funds that were allocated to the purchase of another 13 BTC. In addition, the company issued more than 1.1 million new shares when exercising Warrants BSA 2025-01, financial instruments that grant the right to buy shares at a default price, capturing 600,000 euros to acquire 6 BTC.
Finally, an AT-THE-MARKET type capital expansion (ATM) with Tobam, which allows you to sell shares directly in the market at current prices, injected 4.1 million euros, used to buy 41 BTC.
These operations have strengthened the financial position of The Blockchain Group, which reports a Bitcoin yield of 1,270 % in 2025, equivalent to 508 BTC or 46.7 million euros in profits.
The strategy has also promoted the value of its actions (whose Ticker stock market is Altbg), which went from 0.31 euros in January to 4.2 euros today, a growth of 1,254 % in six months.
The bet of The Blockchain Group by Bitcoin reflects a global trend. As cryptootics reported, more and more companies in Latin America, Asia and Europe integrate BTC in their treasury as a strategic reserve.
Despite volatility, Bitcoin’s institutionalization suggests that its adoption is being accelerated worldwide.
