Blockchain Group has expanded its Bitcoin reserves through strategic acquisitions, adding 182 BTC to reach a total treasury balance of 1,653 BTC. The holdings carry a market value exceeding $170 million, underscoring the company’s commitment to cryptocurrency as a core asset.
The purchases were financed through convertible bond issuances securing nearly €18 million, with support from institutional backers including UTXO Management and Moonlight Capital. This capital injection facilitated accumulation at an average cost of $103,000 per BTC, positioning the portfolio significantly below prevailing market prices.
The firm disclosed an extraordinary Bitcoin yield of 1,173% for 2025, reflecting substantial unrealized gains from its acquisition strategy. This occurs amid broader adoption trends, with at least 26 public enterprises recently adding Bitcoin to their balance sheets, though analysts note persistent volatility concerns and insufficient risk frameworks industry-wide.
Future expansion remains integral to Blockchain Group’s roadmap, including plans to acquire 70 additional BTC. The company is also exploring a €300 million ‘At the Market’ equity offering to further scale its digital asset treasury operations.