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Crypto Prune > News > Crypto > Bitcoin > Blockchain Group bolsters Bitcoin Reserves with $12.5 million BTC acquisition
Bitcoin

Blockchain Group bolsters Bitcoin Reserves with $12.5 million BTC acquisition

7 months ago 1 Min Read

Blockchain Group (ALTBG) has confirmed its acquisition of 116 BTC for approximately 10.7 million euros ($12.51 million), increasing its total Bitcoin.

Holds 1,904 BTC.

This strategic expansion is attributed to a series of capital projects, including “ATM type” capital increase and convertible bond issuances, which were completed in early July 2025.

The company achieved a pronounced BTC yield of around 1,348% since the start of the year, reflecting the significant profits of its financial strategy.

Investors like Tobam ​​and Adam Back have contributed to the recent round, allowing purchases of 11 BTC to be purchased for around 1 million euros ($1.17 million) and 105 BTC for nearly 9.8 million euros.

With an average acquisition price per Bitcoin of approximately 90,332 euros ($105,688), the company’s total Bitcoin reserve currently amounts to approximately 172 million euros ($201.24 million).

Read more: Blockchain Group raises $13 million to advance Bitcoin Treasury vision

See also  Spanish coffee chain Vanadi seeks financial shock with a billion euros Bitcoin gambling
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