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The Blockchain Group Acquires 75 BTC After €7.2M Raise

  • The Blockchain Group, listed on Euronext Growth Paris, acquired 75 BTC for €6.9 million, bringing its total BTC holdings to 1,728 BTC valued at around €155.8 million.
  • The acquisition was funded through a €7.2 million capital increase with funds managed by TOBAM through an equity program.
  • Shares were priced at an average of €4.49 each, and a total of 1,603,306 new ordinary shares were issued.
  • All OCA A-01 Tranche 1 bonds held by TOBAM were converted into 1,838,235 new ALTBG shares at a premium.
  • The Company reports a BTC Yield of 1,231.7% year-to-date, with gains of 492.7 BTC and €45.2 million YTD.
  • For the current quarter alone, BTC Yield is at 64.5%, with 399.6 BTC gained.
  • In another recent acquisition, the company added 182 BTC for approximately €17 million, funded through convertible bond issuances.
  • The total BTC holdings reached 1,653 BTC at that time.
  • Transactions were carried out via Swissquote Bank Europe and Banque Delubac, with custody by Taurus.
  • Additional funding came from the conversion of 2.98 million share warrants, raising €1.6 million.

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