The Blockchain group took another huge step in the construction of Bitcoin stocks. The company listed on the Paris stock exchange received 624 BTC On Tuesday, in transactions worth $ 68.6 million.
Based on reports, this movement moves the total number of resources to 1,437 BTC – now it valued about $ 150 million. It is obvious that the company wants to be known as hefty weight when it comes to holding Bitcoin in the balance sheet.
Accelerated Bitcoin purchases
From the end of 2024, Blockchain group He buys Bitcoin stages. Starting from 15 BTC for $ 1.1 million in November 2024, and then adding 25 BTC the following month, the company got on.
🟠 Blockchain Group confirms the takeover of 624 BTC for ~ 60.2 million EUR, maintenance of a total of 1,471 BTC and BTC performance of 1 097.6% YTD ⚡️
Full press release (EN): https://t.co/izuebradtz
Full press release (FR): https://t.co/igtddli8hu
BTC (EN) strategy: … pic.twitter.com/0bq9zasrn3– Blockchain group (@_altbg) June 3, 2025
On March 26, they accelerated by buying 580 BTC. Then, on May 22, another 227 BTC went to their wallet. These enduring purchases show the growing appetite for bitcoin as a basic resource.
The latest 624 Cryptocurrency Buy is their biggest single so far. This is a clear sign that the group wants to make a bitcoin foundation in their treasury.
Financing through replacement bonds
Most of the last Bitcoins purchases – 544 BTC – were financed from a replacement bond of USD 63 million of USD issued Fulgur Ventures. Based on reports, the bond allows the blockchain group to transform debt into shares later if investors choose.
The rest – 80 BTC – from almost $ 10 million in increases in capital ended at the end of May. This cash has been specially intended for obtaining cryptocurrencies. By using debts and fresh capital, the company seems to be bending in a rapid raise in its bitcoins shares. It also shows that they prefer to raise funds than to exploit existing cash reserves.
Care and partnerships
The Blockchain Group cooperated with Banque Debubac & Cie and Swissquote Bank Europe to buy BTC. Both institutions cooperated with the Swiss company Bull To handle sheltered care for coins.
Image: Nomadic Labs
According to the company, the exploit of trusted carers is the key to ensuring the security of digital assets. Thanks to these partnerships, the blockchain group does not have to worry about managing private keys. This allows you to focus on buying more bitcoins instead of dealing with technical security problems.
Risk and awards for shares
At current prices, 1437 BTC is worth just over $ 150 million. As at 31 May, the group reported an unrealized profit of almost $ 48 million. This is a well return on earlier purchases.
But Bitcoin price fluctuations can be acute. If BTC falls, these paper profits may disappear quickly. In addition, the issue of a replacement bond in the amount of USD 63 million means a possible divorce of shares if bond holders transform into equity.
Reports reveal that the blockchain group plans to raise the number of “Bitcoin per share” through more targeted capital increases related to cryptovas.
The great plant is that the price of bitcoins will climb, thanks to which these purchases are profitable. However, if the market slows down, investors could see both coins and share prices.
A distinguished picture from Unsplash, TradingView chart
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