As we speak, The Blockchain Group (ALTBG), listed on Euronext Development Paris and acknowledged as Europe’s first Bitcoin Treasury Firm, has introduced the acquisition of 75 further bitcoins for about €6.9 million. The acquisition brings the corporate’s whole bitcoin holdings to 1,728 BTC, at the moment valued at round €155.8 million.
The acquisition was funded by the ultimate completion of a €7.2 million capital enhance, carried out by way of the Firm’s wholly-owned Luxembourg subsidiary. The funding got here fully from TOBAM managed funds by an “ATM-type” fairness program introduced on June 17, 2025, with shares priced at a median of €4.49 every.
The press launch acknowledged, “the Firm additionally introduced its determination to hold out, making use of the delegation of authority granted to him by the Board of Administrators on June 11, 2025, itself appearing beneath the twelfth decision authorised by the Normal Assembly of Shareholders on June 10, 2025, a capital enhance for a complete quantity of €7,191,143.60, by the issuance of 1,603,306 new bizarre shares at a median subscription worth of €4.49 per share.”
This follows the conversion of all OCA A-01 Tranche 1 bonds held by TOBAM, which had been was 1,838,235 new ALTBG shares at a subscription worth of €0.544 per share, a 30% premium over the volume-weighted common worth (VWAP) previous the Board assembly of March 4, 2025.
“The Firm confirms right this moment the ultimate conversion of all 1,000,000 OCA Tranche 1 by TOBAM, ensuing within the issuance of 1,838,235 new bizarre shares of the Firm, at a subscription worth of €0.544 per share,” acknowledged the press launch.
The Firm studies a BTC Yield of 1,231.7% year-to-date, with a BTC Achieve of 492.7 BTC and a BTC achieve of €45.2 million YTD. For the present quarter alone, BTC Yield stands at 64.5%, with 399.6 BTC gained.
Earlier this month, the corporate additionally acquired 182 BTC for about €17 million, elevating its BTC whole to 1,653 BTC at the moment. The purchases had been funded by convertible bond issuances totaling over €18 million, subscribed by buyers together with UTXO Administration, Moonlight Capital, and TOBAM.
The transactions had been executed by way of Swissquote Financial institution Europe and Banque Delubac, with safe custody supplied by Swiss digital asset infrastructure agency Taurus. Extra funding got here from the conversion of two.98 million share warrants, elevating an extra €1.6 million.
