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.