At the moment, The Blockchain Group (ALTBG), listed on Euronext Development Paris and acknowledged as Europe’s first Bitcoin Treasury Firm, has introduced the acquisition of 75 extra bitcoins for about €6.9 million. The acquisition brings the corporate’s complete bitcoin holdings to 1,728 BTC, at present valued at round €155.8 million.
The acquisition was funded via the ultimate completion of a €7.2 million capital improve, carried out by way of the Firm’s wholly-owned Luxembourg subsidiary. The funding got here completely from TOBAM managed funds via an “ATM-type” fairness program introduced on June 17, 2025, with shares priced at a mean of €4.49 every.
The press launch acknowledged, “the Firm additionally introduced its resolution to hold out, making use of the delegation of authority granted to him by the Board of Administrators on June 11, 2025, itself performing below the twelfth decision authorized by the Normal Assembly of Shareholders on June 10, 2025, a capital improve for a complete quantity of €7,191,143.60, via the issuance of 1,603,306 new abnormal shares at a mean subscription value of €4.49 per share.”
This follows the conversion of all OCA A-01 Tranche 1 bonds held by TOBAM, which have been become 1,838,235 new ALTBG shares at a subscription value of €0.544 per share, a 30% premium over the volume-weighted common value (VWAP) previous the Board assembly of March 4, 2025.
“The Firm confirms at present the ultimate conversion of all 1,000,000 OCA Tranche 1 by TOBAM, ensuing within the issuance of 1,838,235 new abnormal shares of the Firm, at a subscription value 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 complete to 1,653 BTC at the moment. The purchases have been funded via convertible bond issuances totaling over €18 million, subscribed by buyers together with UTXO Administration, Moonlight Capital, and TOBAM.
The transactions have been executed by way of Swissquote Financial institution Europe and Banque Delubac, with safe custody supplied by Swiss digital asset infrastructure agency Taurus. Further funding got here from the conversion of two.98 million share warrants, elevating an extra €1.6 million.
