The firm listed in Paris technology The Blockchain Group has expanded Bitcoin reserves to purchase 182 BTC at $ 19.6 million, bringing its total handling to 1,653 BTC. At current market prices, the company stash costs more than $ 170 million.
The latest acquisition of European Bitcoin’s first Treasury company, which was finalized on June 17, was funded by a series of recently completed bond issues reaches nearly 18 million Euro ($ 20.7 million), the firm Says In a Wednesday announcement.
Known rotation investors include Utxo management, Moonlight Capital, Tobam, and Ludovic Chechin-Laurans. The announcement showed that each participant had bought a different portion of deals on the company’s bond.
The purchases are carried out by the Banking Banque Delubac & Cie and Digital Investing BankSwissquote Bank European institution. Taurus, a Switzerland-based infrastructure provider for digital assets, managed precautions.
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Blockchain Group reported 1,173% BTC yields in 2025
Blockchain group claims a year-to-date Bitcoin (Btc) yield of 1,173.2%, which reflects an increase in Bitcoin ratio to be held in fully melted shares. Due to the start of the year, the company added 469 BTC and reported more than $ 49.4 million to those gained by Bitcoin value.
The average cost of getting the company stands around $ 103,000 per BTC, less than current market prices. With plans conducted that can enable the purchase of an additional 70 BTC, the total reserve may soon approach 1,723 BTC.
The blockchain team was exchanged under the Altbg ticker in Euronext Growth Paris. Company sharing drops 3.9% now, according to Data From Google Finance.
Earlier this month, the blockchain group announced plans to raise 300 million euros ($ 342 million) by a “market” (ATM) -style that offers to boost its Bitcoin treasury.
Funding will take place on the branches, with shares sold at market-driven prices based on the near day or the volume of the average price and caps 21% of the daily trading volume.
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26 Creatures add Bitcoin to Treasury in the past month
A growing number of public companies increases The bitcoin in their balance sheetsWith at least 26 creatures have been doing this in the last 30 days, according to bitcointreasuries.net.
However, critics Warning that some companies may turn around in bitcoin As a last method than a strategic play. Industry voices such as Fakhul Miah from the preservation of institutional preservation that smaller companies to mimic the approach playbook may lack risk management of the risk required for motions.
The Standard Chartered Bank issued a warning that half of these companies could deal with serious problems if Bitcoin dropped to under $ 90,000, which potentially motivates widespread fluids and harmful to the reputation of property.
Magazine: Older investors are at risk for a crypto -funded retirement
