The Blockchain Group, Europe’s first bitcoin treasury firm, announced it acquired 182 BTC for approximately €17 million, raising total holdings to 1,653 BTC.
How It Was Funded
The purchase was funded through multiple convertible bond issuances and share warrant conversions, receiving support from UTXO Management, Moonlight Capital, Ludovic Chechin-Laurans, and TOBAM.
Unmatched Yield Performance
The company reports an extraordinary BTC Yield of 1,173.2% year-to-date, a result of strategic accumulation and capital issuance. Notably, there has been a 57.2% increase over the past quarter.
Why This Matters
This acquisition highlights growing corporate confidence in bitcoin reserves as treasury assets, echoing U.S. examples like MicroStrategy. As the continent’s first bitcoin treasury company, The Blockchain Group sets a bold benchmark for others to follow.
The recent acquisition by The Blockchain Group reinforces its leadership in the burgeoning trend of corporate crypto treasuries in Europe. With robust backing, institutional support, and healthy BTC yields, it serves as a leading case study in rethinking treasury capital allocation in the digital finance age.
