Blockchain group adds $ 20 million in Bitcoin, now it owns more than $ 170 million

Blockchain Group, listed in Paris, has expanded Bitcoin reserves with the purchase of 182 BTC for about $ 19.6 million, up to its total holdings to 1,653 BTC. At current market prices, its value is estimated at more than $ 170 million.

The latest acquisition was funded by the first company of the Bitcoin Ministry in Europe, which was completed on Tuesday, through a series of voices of convertible bonds that recently amounted to about 18 million euros ($ 20.7 million), the company He said On Wednesday’s announcement.

The prominent investors in the tour included UTXO, Moonight Capital, Tobam, and Ludovic Chechin-Laurrans. The advertisement showed that each participant bought a different part of the company’s bond offers.

Pur purchases were carried out by the BanUBAC & CIE commercial institution and the SwissQuote Bank Europe SA, with the custody of Tauurus, a Swiss infrastructure provider of digital assets.

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Blockchain 1,173 % BTC reports in 2025

Blockchain group calls for bitcoin year to date (BTC(Return from 1,173.2 %, which reflects an increase in the percentage of bitcoin held to the number of reduced shares. Since the beginning of the year, the company has added 469 BTC and has reached more than 49.4 million dollars as gains in bitcoin value.

The average cost of the company’s acquisition of $ 103,000 per BTC is less than the current market prices. With undergoing plans that can enable an additional 70 BTC, the total reserves may close to 1723 BTC.

The Blockchain collection is traded under the Altbg Index on Euronext Growth Paris. The shares of the company decreased by 3.9 % today, according to Data From Google Finance.

Earlier this month, Blockchain collection Plans to raise 300 million euros (342 million dollars) have announced By “on the market” (ATM)-display is like to increase the Bitcoin wardrobe.

The collection of donations will occur in slices, with the sale of stocks at market -dependent prices based on the closure of the previous day or the average price of the jam and crowned by 21 % of the daily trading volume.

Related to: The registration of the treasury in Bitcoin in Trump, the media “announced” by the Supreme Education Council

26 entities add bitcoin to the cabinet last month

It adds an increasing number of public companies Bitcoin for its general tendenciesWith at least 26 entities in the past thirty days, according to Bitcointreasuries.net.

However, critics Warning that some companies may turn into bitcoin As a last resort instead of a strategic play. Industry sounds such as Fakhul MIAH from Goming Corporation Be careful that smaller companies simulate the strategy Playbook book may lack the management of the risks required for such movements.

Standard Charterd warned that half of these companies may face a serious problem if Bitcoin decreases to less than $ 90,000, which may lead to wide liquidation and harm to the reputation.

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