The Blockchain Group (ALTBG), listed on Euronext Growth Paris and identified as Europe’s first publicly listed Bitcoin Treasury Company, has raised approximately €6 million to support its ongoing strategy centered on Bitcoin.

The capital raise includes €1.1 million secured through an at-the-market (ATM)-style share issuance to TOBAM at an average price of €3.95 per share, and a €5 million private placement fully subscribed by Adam Back at €4.01 per share.

The company finalized the funding on July 14th, 2025, consolidating subscription requests from TOBAM between July 7th and July 11th. 

Shares were issued under the ATM mechanism, with pricing capped at 21% of the previous day’s trading volume. 

The average share price of €3.9493 reflected a 5.1% discount to the July 11th closing price.

In addition, The Blockchain Group recently completed a separate €3 million capital raise previously announced. 

According to the company, proceeds from that round were used to acquire 29 Bitcoin at a cost of over €2.8 million.

“Banque Delubac & Cie, executed the acquisition of the Bitcoin using the proceeds from the capital increase, and was entrusted with their secure custody via the technological solution of Swiss company Taurus, a world leader in infrastructures for digital assets,” the company stated in a press release.

The Blockchain Group currently reports holding 1,933 Bitcoin, with an estimated value of €174.8 million and an average acquisition cost of €90,406 per Bitcoin. 

Year-to-date, the firm reports a 1,368.3% yield from its Bitcoin holdings, which includes an increase of 547.3 Bitcoin and a reported profit of €52.1 million. 

For the current quarter, it has reported a 7.1% yield, reflecting an additional 127.3 Bitcoin and over €12.1 million in value.

“On July 8th, 2025, the Company announced its decision, acting pursuant to the twelfth resolution adopted by the general meeting of shareholders on June 10, 2025, to carry out a capital increase for a total amount of €2,997,177.20, through the issuance of 739,000 new ordinary shares at an average subscription price of ~€4.056 per share,” the release stated.

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