- MicroStrategy’s Bitcoin holdings now exceed $61B with a 50.98% gain, showcasing unmatched corporate crypto investment success.
- The Blockchain Group is raising €300M to expand BTC reserves, advancing its role as Europe’s first dedicated Bitcoin Treasury firm.
- Strategic accumulation during both bull and bear cycles drives long-term Bitcoin gains for MicroStrategy and The Blockchain Group.
Michael Saylor’s MicroStrategy has once again ignited interest in corporate Bitcoin strategy. His updated tracker shows 580,955 BTC worth $61.44 billion. This marks a 50.98% gain from the initial cost. With $20.74 billion in profits, MicroStrategy is a leader in institutional Bitcoin accumulation.
The portfolio reveals accumulation phases between 2020 and 2025. Purchases began when Bitcoin traded between $10,000 and $15,000. Each orange dot on the chart shows consistent buy-ins. These continued regardless of market movement, reflecting a steady dollar-cost averaging strategy.
Source: Bitcoin Magazine
By early 2021, MicroStrategy saw rapid portfolio growth. The blue line tracked average cost per Bitcoin, while green showed overall cost basis. Despite the 2022 crash, which led to significant temporary drawdowns, the firm kept accumulating. Hence, its recovery from late 2022 to 2024 mirrors Bitcoin’s market rebound.
Currently, the average purchase price sits at $102,388 per Bitcoin. With BTC trading above this level, the portfolio enjoys strong unrealized gains. Additionally, MicroStrategy’s stock ($MSTR) trades at $374.47, with 259.7 million shares outstanding.
The Blockchain Group Launches €300M Bitcoin Expansion
Meanwhile, The Blockchain Group in Europe announced a €300 million capital increase on June 9, 2025. This move strengthens its position as the region’s first Bitcoin Treasury Company. The firm trades under ticker ALTBG on Euronext Growth Paris.
TOBAM, a seasoned digital asset manager, partners with the group to execute an “At The Market” (ATM) program. The initiative allows controlled share issuance based on market conditions. Daily share subscriptions are limited to 21% of the previous day’s trading volume.
Moreover, TOBAM determines purchase pricing based on either the closing price or volume-weighted average—whichever is higher. Hence, the process ensures minimal market disruption while maintaining liquidity.
Besides Bitcoin treasury operations, The Blockchain Group also operates subsidiaries focused on AI, decentralized technology, and data consulting. This strategic diversification supports long-term treasury expansion through technological synergies.