The Blockchain Group, recognized as Europe’s first publicly listed Bitcoin treasury firm, has bolstered its Bitcoin reserves with the purchase of an additional 22 BTC, pushing its total holdings close to the 2,000 BTC mark.
In a statement released this week, the Euronext Growth Paris-listed company confirmed it completed another round of capital raising through an At-The-Market (ATM) type program in partnership with TOBAM. The latest share subscription was priced at €3.95 ($4.59) per share, bringing in approximately €1.1 million ($1.28 million).
Alongside this, the company converted its BSA 2025-01 warrants into 2,274,754 new ordinary shares, unlocking a further €1.2 million in funding. Combined proceeds of around $2.2 million were deployed to acquire 22 additional Bitcoin, bringing the firm’s total stash to 1,955 BTC as of July 21.
At current prices, the Blockchain Group’s Bitcoin treasury is valued at approximately $233.5 million. The company also disclosed that its BTC holdings have generated a yield of 1,373% year-to-date and 7.5% for the current quarter, with total gains reaching 549.3 BTC — or about €55.5 million — so far this year.
The fresh accumulation comes as Bitcoin trades near record levels. The largest cryptocurrency by market capitalization is changing hands at a daily high of $119,451, up 1.21% in the last 24 hours, and continues to hover just shy of the $120,000 threshold after setting a new all-time high last week, according to data from Coingecko.
In a further update to shareholders, the Blockchain Group said it is finalizing plans to list on the U.S. OTCID market — a move designed to broaden access for American investors via a regulated and transparent platform.
Meanwhile, the Blockchain Group raised approximately €6 million in fresh capital as it accelerates its Bitcoin Treasury Company strategy. The firm announced that it had finalized two distinct funding rounds: a €1.1 million raise through an “ATM-type” agreement with asset manager TOBAM, and a €5 million reserved issuance fully subscribed by Adam Back, CEO of Blockstream and a notable figure in the Bitcoin ecosystem.
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