Paris-based technology company The Blockchain Group announced that it has acquired a significant amount of Bitcoin! Here are the details.

The Paris-based technology company The Blockchain Group (ALTBG), positioning itself as Europe's first Bitcoin treasury company, announced that it has added 182 more Bitcoins to its portfolio. The company's latest purchase amounted to approximately 17 million euros or 19.6 million dollars.

The Blockchain Group Continues Bitcoin Purchases: With the Addition of 182 BTC, the Total Value Exceeded 170 Million Dollars

With the latest purchase, the company's total Bitcoin holdings reached 1.653 BTC. The total market value of these BTC is approximately 149 million euros and approximately 171 million dollars.

The company also drew attention with a "BTC yield" of 1.173% achieved so far in 2025. This ratio is calculated by comparing the total amount of Bitcoin held to the company's fully diluted shares. This metric is used to indicate how effective companies' Bitcoin acquisition strategies are.

To compare, MicroStrategy, the world's largest corporate Bitcoin holder, has reported a BTC yield of 19.1% since the beginning of the year (MSTR). Japan-based Metaplanet (3350) reported a yield of 266.07%, while US-based Semler Scientific (SMLR) reported a yield of 26.7%.

Bitcoin Purchases Funded by Bond and Stock Revenues

The Bitcoin acquisition in question was financed by the issuance of convertible bonds worth over 18 million euros, with investors including UTXO Management, Moonlight Capital, Ludovic Chechin-Laurans, and asset manager TOBAM.

The company also raised an additional 1.6 million euros by converting stock purchase warrants into approximately 3 million new shares and used this revenue to purchase Bitcoin.

The Blockchain Group's Bitcoin purchases were made through Swissquote Bank Europe and Banque Delubac. The custody of crypto assets is being handled by Taurus, a Switzerland-based digital asset infrastructure provider.

The average cost of the company's Bitcoin purchases is around 90,000 euros ( approximately 103,000 dollars ).

After the acquisition news, the company's shares traded at 4.895 euros on the Euronext Paris exchange, down 2.1% in the morning hours. Meanwhile, France's CAC 40 index remained flat.

The Blockchain Group's aggressive Bitcoin strategy is making it one of the prominent players in institutional crypto asset management in Europe.

*It is not investment advice.

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