4 hours ago
The Blockchain Group (ALTBG) has confirmed the acquisition of 116 BTC for astir 10.7 cardinal euro ($12.51 million), expanding its full bitcoin (BTC) holdings to 1,904 BTC.
This strategical enlargement results from a bid of superior operations, including an “ATM-type” superior summation and a convertible enslaved issuance, some completed successful aboriginal July 2025.
The institution achieved a singular BTC Yield of astir 1,348% year-to-date, reflecting important gains successful its treasury strategy.
Investors, specified arsenic TOBAM and Adam Back contributed to caller rounds, enabling purchases of 11 BTC for astir 1 cardinal euro ($1.17 million) and 105 BTC for adjacent to 9.8 cardinal euro ($11.47 million) combined.
With an mean acquisition terms of astir 90,332 euro ($105,688) per bitcoin, the full worth of the company’s bitcoin reserves present stands astatine astir 172.0 cardinal euro ($201.24 million).
Read more: The Blockchain Group Raises $13M to Advance Bitcoin Treasury Vision
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