Paris-listed technology company Blockchain Group has purchased its Bitcoin reserves for about $19.6 million by purchasing 182 BTC, bringing its total holdings to 1,653 BTC. At current market prices, the company’s storage price is over $170 million.
The latest acquisition of Europe’s first Bitcoin Treasury company was completed on Tuesday, which is funded through a series of recently completed convertible bond issuances, totaling nearly €18 million ($200.7 million) explain In Wednesday’s announcement.
Notable investors in the round include UTXO Management, Moonlight Capital, Tobam and Ludovic Chechin-Laurans. The announcement showed that each participant purchased a different part of the corporate bond product.
The purchase is performed by commercial banking institution Banque Delubac & Cie and digital investment bank Swissquote Bank Europe SA, which is the custody of Taurus, a digital asset provider for Swiss infrastructure.
Related: Genius Group Bitcoin Treasury Grows 52% As 1,000 BTC Target Reiterates
Blockchain Group Reports BTC Yield of 1,173% in 2025
Blockchain groups require Bitcoin to arrive earlier in the year (BTC) The yield is 1,173.2%, reflecting an increase in Bitcoin’s ratio to its fully diluted share count. The company has added 469 BTC since the beginning of the year and has reported more than $49.4 million in Bitcoin value.
The company’s average acquisition cost is about $103,000 per BTC, which is lower than the current market price. With plans that can purchase an additional 70 BTC, the total reserve will soon approach 1,723 BTC.
Blockchain Group trades under AltBG, a growing stock in Paris EuroNext. According to the company’s stock fell 3.9% today data From Google Finance.
Earlier this month, the blockchain group Announced plans to raise 300 million euros ($342 million) Improve its Bitcoin Treasury with a “on-market” (ATM) style product.
Fundraising will occur among giants and will be sold at a market-oriented price based on the previous day’s closing price or volume-weighted average price, and will be limited to 21% of daily trading volume.
Related: Trump Media’s Bitcoin Treasury Registration “Announced to Be Effective”
26 entities have added bitcoin to the Treasury in the past month
More and more listed companies are increasing Bitcoin’s balance sheetAccording to BitCoinReasuries.net, at least 26 entities have done so in the last 30 days.
But, critics Warning some companies may turn to Bitcoin As a last resort, not a strategic game. Industry voices like Fakhul Miah, from the institutional caution, smaller companies that mimic scripts that mimic strategies may lack the risk management required for such actions.
Standard Chartered Bank warns that half of these companies may be in serious trouble if Bitcoin is below $90,000, which could trigger widespread liquidation and damage the asset’s reputation.
Magazine: Older investors risk everything about crypto-funding pensions
