European investment firm The Blockchain Group (TBG) has significantly increased its Bitcoin reserves, acquiring an additional 182 BTC for approximately €17 million ($19 million). This strategic purchase was executed during a period of favorable weekly price lows, highlighting the firm’s opportunistic buying strategy.
The acquisition brings TBG’s total Bitcoin holdings to nearly 1,653 BTC. The Bitcoin Treasury model, launched by TBG late last year, positions BTC as a fundamental core asset for long-term value preservation. Based on the current market value, TBG’s Bitcoin portfolio is valued at $173.56 million and has achieved a year-to-date yield of 1,173.2%.
Funding for this latest acquisition was facilitated through a substantial €300 million capital raising program established in collaboration with Paris-based asset manager TOBAM. This approach mirrors strategies adopted by other prominent institutional Bitcoin investors such as MicroStrategy.
Despite the implementation of the stringent Markets in Crypto-Assets (MiCA) regulation across the European Union, TBG and other French companies are actively pursuing investments in Bitcoin. This sustained activity signals strong institutional confidence in Bitcoin’s long-term value proposition, particularly when operating within clearer regulatory frameworks.
Financial analysts observe that large-scale Bitcoin acquisitions by institutions like TBG could contribute to enhanced market stability and improved liquidity. Such moves reinforce Bitcoin’s position as a potential store of value and counter-inflationary hedge within institutional portfolios.