The blockchain group (ALTBG) announced a series of strategic moves Enhancement of the same Bitcoin treasury
and capital structure.
Paris -based company bought 60 BTC for about 5.5 million euros ($ 6.5 million)carrying its total handling to 1,788 BTC worth nearly 161.3 million euros, with an average price of 90,213 euro each.
Known transactions include blockstream CEO Adam Back subscribing to more than 2.1 million new shares for nearly 1.16 million euros, and France’s asset manager Tobam who subscribed to some 262,605 new shares for just 143,000 Euro, which operated on 13 btc.
The company has exercise warrants called BSA 2025-01, which releases more than 1.1 million new shares and raising nearly 600,00 in fresh funds, used to get 6 BTC. In addition, the company completed an “ATM-type” capital increase along with Tobam, which raised 4.1 million euros to fund 41 BTC.
Year-to-date, the blockchain group achieved a BTC yield of 1,270 % and gained about 508.3 BTC, which translates to nearly 46.7 million euros.
Read more: Blockchain team starts 300m-Euro ATM Share the sale to expand Bitcoin handling
