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 about €1 million and facilitated the acquisition of 11 BTC. Additionally, the company completed a convertible bond issuance through its Luxembourg subsidiary, raising €10 million to acquire 105 BTC. The Blockchain Group reported a year-to-date BTC Yield of approximately 1,348.8%, with a BTC Gain of about 539.5 BTC and a BTC € Gain of roughly €49.7 million. The average acquisition price for the total BTC holdings is approximately €90,332 per bitcoin.

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