The Blockchain group (Altbg), listed on Euronext Growth Paris and known as the first Bitcoin in Europe
Treasury Company, bought 624 BTC for around 60.2 million euros ($ 68.8 million).
This decision follows two major financing operations: a reserved capital increase and a emission of convertible bonds.
On May 20, 2025, the group raised 6.8 million euros thanks to a private placement, allowing the acquisition of 80 BTC. Shortly after, on May 26, an emission of convertible bonds brought in 55.3 million euros subscribed by Fulgur Ventures used to buy an additional 544 BTC.
Consequently, the Blockchain group and its subsidiary based in Luxembourg now hold a total of 1,471 BTC, estimated at around 131.9 million euros (with an average of 89,687 euros by Bitcoin).
Since the beginning of 2025, the company has recorded a BTC yield of 1,097.6% YTD, as well as a BTC gain of 439 BTC and a value of 42.3 million euros.
