Paris-listed tech firm The Blockchain Group has deepened its Bitcoin bet, purchasing an additional 182 BTC for $19.6 million. The move lifts its total holdings to 1,653 BTC, now valued at over $170 million, cementing its position as Europe’s pioneering corporate Bitcoin treasury.
The acquisition, finalized Tuesday, was funded through €18 million ($20.7 million) in convertible bonds backed by institutional heavyweights including UTXO Management, Moonlight Capital, and TOBAM. Banking partners Banque Delubac & Cie and Swissquote Bank Europe SA executed the trades, with custody handled by Swiss digital asset specialist Taurus.
1,173% Bitcoin yield stuns markets
The Blockchain Group revealed its BTC holdings have generated a jaw-dropping 1,173.2% yield year-to-date in 2025. The firm added 469 BTC since January, booking $49.4 million in unrealized gains. With an average purchase price of $103,000 per Bitcoin, below today’s $104,569 market rate, the company plans to buy another 70 BTC soon, potentially pushing reserves to 1,723 BTC.
“This isn’t just speculation; it’s a strategic reserve,” a company spokesperson toldjournalists. “The Blockchain Group is positioning itself at the intersection of fintech and asset management.”
The Blockchain Group dropping 3%. Credit: Google Finance
Funding strategy: Bonds, ATM offerings, and risks ahead
Traded as ALTBG on Euronext Growth Paris, The Blockchain Group saw shares dip 3.9% post-announcement. Yet the firm is doubling down: earlier this month, it unveiled plans to raise €300 million ($342 million) via an “At the Market” (ATM) share offering to further grow its Bitcoin treasury.
The fundraising, structured in tranches tied to daily trading volumes, comes as 26 corporations globally added BTC to their balance sheets in the past month, per BitcoinTreasuries.NET. But critics warn smaller firms may lack the risk appetite for volatile crypto holdings.
“Copying MicroStrategy’s playbook without robust risk frameworks is dangerous,” said Fakhul Miah of GoMining Institutional. Standard Chartered echoed concerns, noting a drop below $90,000 could force liquidations at half these firms.
Why The Blockchain Group’s move matters
As the first European firm to institutionalize Bitcoin treasury management, The Blockchain Group is setting a precedent. Its latest purchase signals confidence in BTC as a long-term store of value, despite short-term volatility.
With custody solutions from Taurus and banking partnerships ensuring liquidity, The Blockchain Group is bridging traditional finance and crypto, one Bitcoin at a time.
Olivia Jackson is a US-based cryptocurrency writer and market analyst with a passion for decoding the complexities of blockchain technology and digital assets. With over five years of experience covering the crypto space, she specializes in breaking down market trends, regulatory developments, and emerging Web3 innovations for both retail and institutional audiences.
Her work has appeared in leading finance and tech publications, including CoinDesk, Decrypt, and The Block, where she provides data-driven insights on Bitcoin, DeFi, and the evolving regulatory landscape. Olivia is particularly interested in the intersection of traditional finance and decentralized systems, often exploring how macroeconomic shifts impact crypto markets.
