Immediately, The Blockchain Group (ALTBG), listed on Euronext Progress Paris and acknowledged as Europe’s first Bitcoin Treasury Firm, has introduced the acquisition of 75 further bitcoins for about €6.9 million. The buy brings the corporate’s whole bitcoin holdings to 1,728 BTC, presently valued at round €155.8 million.
The acquisition was funded by means of the ultimate completion of a €7.2 million capital improve, carried out by way of the Firm’s wholly-owned Luxembourg subsidiary. The funding got here totally from TOBAM managed funds by means of an “ATM-type” fairness program introduced on June 17, 2025, with shares priced at a mean of €4.49 every.
The press launch said, “the Company also announced its decision to carry out, making use of the delegation of authority granted to him by the Board of Directors on June 11, 2025, itself acting under the 12th resolution approved by the General Meeting of Shareholders on June 10, 2025, a capital increase for a total amount of €7,191,143.60, through the issuance of 1,603,306 new ordinary shares at an average subscription price of €4.49 per share.”
This follows the conversion of all OCA A-01 Tranche 1 bonds held by TOBAM, which had been changed into 1,838,235 new ALTBG shares at a subscription worth of €0.544 per share, a 30% premium over the volume-weighted common worth (VWAP) previous the Board assembly of March 4, 2025.
“The Company confirms today the final conversion of all 1,000,000 OCA Tranche 1 by TOBAM, resulting in the issuance of 1,838,235 new ordinary shares of the Company, at a subscription price of €0.544 per share,” said the press launch.
The Firm experiences a BTC Yield of 1,231.7% year-to-date, with a BTC Acquire of 492.7 BTC and a BTC achieve of €45.2 million YTD. For the present quarter alone, BTC Yield stands at 64.5%, with 399.6 BTC gained.
Earlier this month, the corporate additionally acquired 182 BTC for about €17 million, elevating its BTC whole to 1,653 BTC at the moment. The purchases had been funded by means of convertible bond issuances totaling over €18 million, subscribed by traders together with UTXO Administration, Moonlight Capital, and TOBAM.
The transactions had been executed by way of Swissquote Financial institution Europe and Banque Delubac, with safe custody offered by Swiss digital asset infrastructure agency Taurus. Further funding got here from the conversion of two.98 million share warrants, elevating an extra €1.6 million.
