The Blockchain Group Acquires 116 Bitcoin, Total Holdings Reach 1,904 BTC With 1,348.8% YTD Yield
2025-07-08 07:40:58
Main Idea
The Blockchain Group has acquired 116 additional bitcoin, bringing its total holdings to 1,904 BTC, valued at approximately €172 million, and reported significant year-to-date gains.
Key Points
1. The Blockchain Group acquired 116 bitcoin for approximately €10.7 million ($12.5M).
2. Total holdings now stand at 1,904 BTC, valued at around €172 million.
3. The acquisition was facilitated through an 'ATM-type' capital increase program and a convertible bond issuance.
4. Year-to-date BTC Yield is approximately 1,348.8%, with a BTC Gain of about 539.5 BTC and a BTC € Gain of roughly €49.7 million.
5. The average acquisition price for the total BTC holdings is approximately €90,332 per bitcoin.
Description
The Blockchain Group (Euronext Paris: ALTBG) has confirmed the acquisition of 116 bitcoin for approximately €10.7 million (about $12,5M), bringing its total holdings to 1,904 BTC, valued at around €172 million (approximately $202M). This announcement follows the final completion of a capital increase as part of the “ATM-type” capital increase program with TOBAM, which raised
Latest News
- SEC, Quidax Bring Together Top Banks, Asset Managers to Drive Digital Assets Adoption in Nigeria2025-07-08 13:09:49
- Belarus Proposes Introduction of Digital Currencies to BRICS Settlement System2025-07-08 12:49:03
- Bitcoin Price Watch: Bullish Momentum Builds as BTC Eyes Higher Price Points2025-07-08 11:58:55
- Bit Digital Goes All-in on Ethereum, Converts Bitcoin and Equity Proceeds Into ETH Holdings2025-07-08 11:40:04
- Bedroom Trader OLI: Trade the World’s Crypto Markets Without Leaving Your Pillow2025-07-08 11:29:52