Blockchain Group just dropped €5.5 million on 60 more Bitcoin, pushing their total stash to 1,788 coins worth roughly €161.3 million. They paid about €91,667 per Bitcoin, which isn’t exactly pocket change. This European company has been on a buying spree since November 2024, systematically stacking sats with an audacious goal of owning 170,000 BTC by 2032. That’s about 1% of Bitcoin’s entire supply. Their strategy has delivered some impressive numbers worth exploring further.
The Blockchain Group just dropped another €5.5 million on Bitcoin, scooping up 60 more BTC to push their total stash to 1,788 coins. That works out to roughly €91,667 per Bitcoin for this latest purchase. Not exactly pocket change.
The Blockchain Group just burned €5.5 million on 60 more Bitcoin, bringing their total haul to 1,788 coins.
This European firm has been on a serious Bitcoin buying spree since November 2024. They’ve been methodical about it too. Started small with 15 BTC in November, added 25 more in December, then went big with 580 BTC back in March 2025. Now this latest 60 BTC haul. They’re clearly not messing around.
The money came from a recent capital raise that pulled in some heavy hitters. Adam Back, the Blockstream CEO, threw down €1.16 million for 2.1 million shares. TOBAM asset manager chipped in €0.14 million. Add some warrant conversions worth €0.6 million and an “ATM-type” program with TOBAM for €4.1 million, and boom – €11 million raised. Shareholders recently approved increasing the fundraising limit to €500 million with over 95% support.
Here’s where it gets interesting. The Blockchain Group is targeting roughly 170,000 BTC by 2032. That’s about 1% of Bitcoin’s total supply. Ambitious? Absolutely. Crazy? Maybe. But their returns so far suggest they know what they’re doing. The fixed supply cap of 21 million Bitcoin makes their acquisition strategy particularly compelling for long-term value preservation.
Their year-to-date yield hit over 1,270% in 2025. Last year clocked in at 709%. Those aren’t typos. When Bitcoin performs, it really performs. Their total Bitcoin holdings are now valued at approximately €161.3 million, with Bitcoin trading around €90,213.
The strategy is straightforward: keep stacking Bitcoin to increase value per fully diluted share over time. They’re positioning themselves as pioneers among European companies embracing Bitcoin as treasury assets. While other firms debate whether crypto belongs on corporate balance sheets, Blockchain Group just keeps buying. This trend aligns with public companies showing increased preference for direct Bitcoin purchases over ETF investments in recent quarters.
This approach reflects broader institutional adoption of Bitcoin. What started as internet money for tech enthusiasts has evolved into legitimate treasury diversification. The solid backing from investors like Adam Back signals growing confidence in Bitcoin as an asset class.
Whether Blockchain Group hits their ambitious 2032 target remains to be seen. But their systematic accumulation strategy and impressive returns so far suggest they’re serious about making Bitcoin a cornerstone of their corporate treasury.
