Bitcoin Magazine The Blockchain Group Buys $69 Million Worth of Bitcoin French tech firm completes acquisition of 624 BTC through €60.2 million capital raise and bond issuance. The company reports 1,097.6% BTC Yield year-to-date as European corporations to accelerate Bitcoin treasury adoption. The Blockchain Group, Europe’s first Bitcoin Treasury Company, has acquired 624 Bitcoin for approximately €60.2 million ($69 million), marking a significant expansion of its Bitcoin holdings through a combination of equity sales and convertible bonds. JUST IN: Publicly traded The Blockchain Group buys 624 #Bitcoin for €60.2 million.Nothing stops this train pic.twitter.com/Jvfvd13zsn— Bitcoin Magazine (@BitcoinMagazine) June 3, 2025 According to a press release issued June 3, the Euronext Growth Paris-listed company completed the purchase in two tranches: 80 BTC acquired for €7.7 million through a capital increase, and 544 BTC for €52.5 million via convertible bonds subscribed by Fulgur Ventures. The acquisitions bring the company’s total Bitcoin holdings to 1,471 BTC, purchased at an average price of €89,687 ($103,000) per coin. The Group has achieved a “BTC Yield” – measuring the change in Bitcoin holdings relative to fully diluted shares – of 1,097.6% year-to-date. The purchase was executed through Banque Delubac & Cie and Swissquote Bank Europe SA, with custody provided by Swiss infrastructure firm Taurus. The company indicated plans to acquire an additional 60 BTC through ongoing convertible bond issuances from UTXO Management and Moonlight Capital. The Group’s latest acquisition was funded through a €8.6 million capital increase, with participation from investors including TOBAM Bitcoin Treasury Opportunities Fund and Quadrille Capital, alongside a €55.3 million convertible bond issuance to Fulgur Ventures. The company reported a BTC Gain of 439 BTC year-to-date and a BTC € Gain of approximately €42.3 million, highlighting the growing trend of European corporations diversifying treasury assets into Bitcoin. At press time, Bitcoin trades at €92,349 ($105,260), as institutional adoption continues to reshape corporate treasury management across Europe and globally. This post The Blockchain Group Buys $69 Million Worth of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
The Blockchain Group has acquired Bitcoin valued at $69 million.
