Blockchain Group Acquires 182 Bitcoin, Boosting Holdings To $170 Million
Posted On June 18, 2025
The Blockchain Group, a Paris-listed tech firm, has purchased 182 Bitcoin (CRYPTO: BTC) for €17 million ($19.6 million), increasing its total holdings to 1,653 BTC, valued at approximately €148.9 million ($171.36 million).
The acquisition, funded through convertible bond issuances and share warrant conversions, reinforces the company’s strategy as Europe’s first Bitcoin Treasury Company.
The company, listed on Euronext Growth Paris under ticker ALTBG, detailed in a Wednesday press release that the purchase included €3 million from UTXO Management for 31 BTC, €4.6 million …
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