The Blockchain Group Finalizes Share Conversion and Capital Increase, Acquires 75 BTC
The Blockchain Group, listed on Euronext Growth Paris, confirmed Monday the completion of two financial operations involving investor TOBAM, securing €7.2 million and acquiring 75 bitcoins as part of its ongoing digital asset strategy. The company announced that it has finalized the conversion of Tranche 1 of its OCA A-01 bonds into 1,838,235 ordinary shares. The transaction was initially announced on June 12, 2025. In a separate operation, the firm completed a capital increase under an “ATM-type” agreement with TOBAM, disclosed on June 17, raising approximately €7.2 million. As expected, the capital raise has been used to purchase 75 BTC at a reported cost of €6.9 million. Company Expands Bitcoin Holdings to 1,728 BTC Following the latest transactions, The Blockchain Group and its subsidiary, The Blockchain Group Luxembourg SA, now hold 1,728 BTC. The company said the total acquisition value of its holdings stands at roughly €155.8 million, with an average purchase price of approximately €90,155 per bitcoin. The firm, which describes itself as Europe’s first Bitcoin Treasury Company, continues to allocate capital toward digital assets while maintaining its consulting and development activities in artificial intelligence, data intelligence, and decentralized technologies. Reported Yield and Gains Reflect Strategic Focus Since the start of the year, the company reported a cumulative bitcoin gain of 492.7 BTC and a BTC-denominated yield of 1,231.7%. The reported gain in euro terms totalled approximately €45.2 million. While The Blockchain Group has not disclosed specific operational updates beyond its treasury activity, the recent transactions highlight the company’s continued emphasis on Bitcoin as part of its financial and strategic positioning. Both transactions with TOBAM were described as finalized, with no additional tranches or offerings disclosed at the time of reporting.
