- The Blockchain Group acquires 116 BTC through €11M in strategic capital raises.
- Total Bitcoin holdings now stand at 1,904 BTC, valued at €172 million.
- The firm targets 170,000 BTC by 2032, signaling aggressive long-term Bitcoin accumulation.
The Blockchain Group, Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has significantly expanded its crypto reserves by acquiring an additional 116 BTC.
This latest acquisition reflects the firm’s bold long-term strategy to hold roughly 1% of the entire Bitcoin supply—about 170,000 BTC—by 2032. The company’s year-to-date performance is equally notable, reporting a BTC yield of approximately 1,348.8% and a gain of nearly €49.7 million.
Europe’s Bitcoin Trailblazer: The Blockchain Group Expands Holdings and Ambitions
The firm’s most recent €1 million equity raise involved issuing new shares to TOBAM at €5.251 per share, enabling the immediate purchase of 11 BTC. This was complemented by two separate €5 million convertible bond issuances—one to TOBAM and another to Adam Back—used to acquire a combined 105 BTC. Each funding round was strategically timed to maximize BTC purchases at an average price of roughly €94,827 per Bitcoin.
Since its initial foray into Bitcoin accumulation in November last year, The Blockchain Group has employed a treasury-first approach, diverging from traditional corporate reserve strategies. Its model is centered around enhancing long-term shareholder value through direct BTC exposure, avoiding short-term volatility management typical of crypto trading firms.
The firm’s 6.1% month-over-month growth in BTC yield illustrates the power of compounding returns when paired with consistent acquisitions. Additionally, its growing partnerships with influential crypto players signal increasing institutional trust in its vision and operational model.
Looking forward, The Blockchain Group intends to continue raising capital through equity and debt instruments, strategically converting funds into Bitcoin assets. Its ambition to control 1% of Bitcoin’s finite supply by 2032 presents both a bold challenge and a defining opportunity in institutional cryptocurrency adoption.
The Blockchain Group’s latest BTC acquisition underscores its commitment to redefining corporate treasuries through strategic crypto accumulation, setting a precedent in Europe’s financial landscape.
“Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett
