Paris-based company The Blockchain Group continues to expand its bitcoin investments by adding 182 BTC to its portfolio, underlining its institutional crypto asset management strategy.
Overview of Company Plans
With this latest purchase, the total number of bitcoins in The Blockchain Group's portfolio reached 1,653 BTC, valued at approximately €149 million (around $171 million). The company also attracted attention with a 1,173% BTC yield for 2025, calculated by dividing the total bitcoins held by the fully diluted share count.
Funding for Bitcoin Purchases
The bitcoin purchase was financed through a convertible bond issue worth over €18 million, including investors such as UTXO Management, Moonlight Capital, Ludovic Chechin-Laurans, and asset manager TOBAM. Additionally, the company raised €1.6 million by converting its stock purchase warrants into approximately 3 million new shares.
Market Impact and Stock Performance
Bitcoin purchases were made via Swissquote Bank Europe and Banque Delubac, with assets held in custody by Swiss digital asset infrastructure provider Taurus. The average cost of bitcoin purchases is around €90,000 (about $103,000). Following the acquisition news, the company's shares traded on Euronext Paris fell by 2.1% to €4,895.
The Blockchain Group's aggressive bitcoin strategy positions it as a key player in institutional crypto asset management in Europe.
