Today, the Blockchain (Altbg) group, listed in Euronext Growth Paris, which was recognized as the first company Bitcoin in Europe, Declare Optimizing an additional 75 Bitcoins for about 6.9 million euros. The purchase process reaches the total bitcoin bodies of 1728 BTC, which is currently estimated at about 155.8 million euros.
The acquisition was funded by the final completion of the capital increase of 7.2 million euros, which was implemented by the company Luxembourg. The financing came completely from the TOBAM program, which runs the money through the “ATM” stock program, which was announced on June 17, 2025, where the stock price is 4.49 euros on average each.
The press statement stated, “The company also announced its decision to implement, and it benefited from the authorization of the authority granted to it by the Board of Directors on June 11, 2025, and it is the same according to the twelfth resolution approved by the general meeting of shareholders on June 10, 2025, which is an increase in the capital with a total amount of 7,191,143.60, the price of 4.49 euros per share.”
This is followed by the conversion of all the bonds OCA A-01 Slide 1 that Tobam keeps, which turned into a new 1,838,235 shares at 0.544 euros per share, by 30 % in addition to the average victory price (VWAP) that precedes the panel meeting on March 4, 2025.
“The company confirms today that the final transfer of all OCA 1 1,000,000 slide by TOBAM, which led to the release of 1,838,235 new normal shares for the company, at a subscription price of 0.544 euros per share,”
The company’s reports on BTC’s return by 1,231.7 % on an annual basis, with an increase of BTC of 492.7 BTC and BTC gain of 45.2 million euros. For the current quarter alone, BTC revenue is 64.5 %, with 399.6 BTC gain.
Earlier this month, the company also acquired 182 BTC for about 17 million euros, raising the total BTC to 1,653 BTC at the time. The purchases were funded by the release of convertible bonds, totaling more than 18 million euros, in which investors, including UTXO Management, Moonlight Capital, and Tobam.
The transactions were implemented via Swissquote Bank Europe and Banque Delubac, with a safe nursery provided by the Swiss digital assets. An additional financing came from the transfer of 2.98 million shares orders, raising 1.6 million euros.
The post The Blockchain Group Acquires 75 BTC After €7.2M Raise first appeared on Investorempires.com.
