- The Blockchain Group purchased 580 Bitcoin for €47.3 million, marking its largest acquisition since launching its Bitcoin treasury strategy in 2024.
- The company’s stock price has surged 225% since it began accumulating Bitcoin, following a structured approach to digital asset management.
- The Blockchain Group uses a strategic method to increase Bitcoin holdings, employing new performance indicators to track its treasury’s long-term growth.
France-based company The Blockchain Group has purchased 580 Bitcoin for €47.3 million at €81,550 per bitcoin. The acquisition increases its total holdings to 620 BTC. The move forms a core part of the company’s Bitcoin treasury strategy.
New Bitcoin Acquisition
The Blockchain Group confirmed the purchase in a statement on March 26. The firm used proceeds from a convertible bond issue announced on March 6 to fund the transaction. This purchase marks the largest Bitcoin acquisition by the company since it began accumulating digital assets in November 2024. The firm continues to expand its treasury with regular purchases that follow a clear financial strategy.
The company has introduced new performance indicators to measure its progress. The key metrics, BTC Yield, BTC Gain, and BTC € Gain, track the growth of its Bitcoin assets relative to its shares. The performance measures do not represent traditional financial returns but serve to monitor the company’s digital asset accumulation. This disciplined approach uses excess cash flow and capital raises to steadily increase Bitcoin holdings.
Market Timing and Transaction Details
The acquisition took place after the market closure on March 26. Bitcoin traded at approximately $87,423 at the time of writing. The transaction adds to a series of strategic moves that have boosted the company’s market presence. The purchase comes amid robust daily trading volumes and modest price fluctuations in the cryptocurrency market.
The Blockchain Group’s stock has risen 302% since it began its Bitcoin accumulation strategy in November 2024. Early purchases were made at pivotal moments in the industry. The initial purchase of 15 BTC occurred on November 5, coinciding with major political events and an early Bitcoin rally. A subsequent purchase of 25 BTC on December 4 furthered the company’s efforts as Bitcoin neared a six-figure price.
Corporate Background and Future Plans
The Blockchain Group is a leading Bitcoin Treasury Company in Europe. Listed on Euronext Paris, the firm operates a global network with subsidiaries focused on data intelligence, artificial intelligence, and decentralized technologies. The company has built its reputation on a consistent strategy to maximize the number of Bitcoins per share over time.
The firm began its digital asset accumulation in November 2024 and has steadily increased its Bitcoin treasury. The disciplined strategy is inspired by major global Bitcoin treasury firms. Future announcements will share further details of its on-chain data methodology and technical improvements. The company remains committed to a straightforward approach that uses simple financial metrics to track progress.
The Blockchain Group’s strategic plan over the long term cements its position as a digital asset management leader. The recent acquisition of 580 BTC demonstrates the company’s commitment to generating long-term value with a consistent and transparent accumulation program.
