The Blockchain Group has expanded its Bitcoin treasury to 1,788 BTC following a successful €5.5 million capital raise, achieving a staggering year-to-date yield of 1,270%.
The acquisition of 60 BTC via the €5.5 million funding round elevates the company’s BTC holdings to a valuation of €161.3 million. Notable investors including CEO Adam Back and asset manager TOBAM backed the initiative, while shareholders overwhelmingly approved increasing the company’s funding ceiling to €500 million with over 95% support.
This acquisition contributes to a remarkable performance milestone, with the company realizing a net gain exceeding 500 BTC valued at €46.7 million year-to-date. The 1,270.7% YTD yield underscores the success of its Bitcoin-focused strategy.
Looking toward the long term, The Blockchain Group has unveiled ambitions to accumulate 170,000 BTC – representing approximately 1% of Bitcoin’s total supply – by 2032. This substantial target reflects confidence in Bitcoin’s institutional adoption trajectory.
The accelerated growth demonstrates surging institutional demand within Europe and establishes a significant precedent for dedicated Bitcoin treasury companies in the region.