Blockchain group (altbg) Announce A series of strategic moves Strengthen its Bitcoin Treasury
and capital structure.
The Paris-based company bought 60 BTC for around €5.5 million (US$6.5 million)bringing its total holdings to 1,788 BTC, worth approximately 161.3 million euros, with an average price of 90,213 euros.
Notable deals include BlockStream CEO Adam Back subscribed to more than 2.1 million new shares, about €1.16 million, while French asset manager Tobam subscribed to about 262,605 new shares, buying for just under €143,000, making 13 BTC purchases.
The company exercised warrants named BSA 2025-01, issued 1.1 million new shares and raised about 600,000 new funds, which were then used to acquire 6 BTC. In addition, the company completed the “ATM type” capital growth through Tobam, raising 4.1 million euros to fund 41 BTC.
From the expiration of the beginning of the year, the blockchain group’s BTC yield was 1,270%, with a growth rate of about 508.3 BTC, and a conversion of about 46.7 million euros.
Read more: Blockchain group starts 300m-euro atm share sales to expand Bitcoin holdings
