French Blockchain Giant Acquires 580 BTC, Achieves 709.8% Yield

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The Blockchain Group, a French blockchain company, has made a major move to boost its bitcoin holdings. On March 26, the company announced it bought 580 BTC for about €47.3 million ($50.8 million), increasing its total to 620 BTC. This step highlights the company’s strong commitment to the growing cryptocurrency market.

This acquisition was made through its fully owned subsidiary, The Blockchain Group Luxembourg SA, using funds raised from a convertible bond issuance, as previously announced on March 6, 2025. The purchase brings the firm’s total bitcoin holdings to 620 BTC, now valued at around €50.5 million.

The deal was completed through Swissquote Bank Europe SA, a regulated virtual asset provider in Luxembourg, with custody handled by Taurus, a Swiss digital infrastructure firm. This acquisition is part of The Blockchain Group’s ongoing shift towards becoming a Bitcoin Treasury Company, a strategy it started in November 2024.

New Metrics to Track Bitcoin Growth

As part of its push to become a Bitcoin Treasury Company, The Blockchain Group has introduced new performance metrics to track its bitcoin growth, focusing on BTC Yield, BTC Gain, and BTC € Gain.

So far this year, the company has achieved an impressive 709.8% BTC Yield, adding 283.9 BTC and a €23.15 million gain. These metrics highlight the company’s focus on bitcoin-based growth rather than traditional financial returns, reflecting the company’s shift toward bitcoin-based performance.

Following The Footsteps of Microstrategy

MicroStrategy, now known as Strategy, has set the bar high by using BTC Yield and BTC Gain to measure the success of its bold bitcoin strategy. Michael Saylor praised The Blockchain Group for adopting the same strategy, saying, “BTC Yield, BTC Gain, and BTC € Gain have arrived in France.” In response, Laizet expressed deep gratitude, praising Saylor’s visionary leadership and recognizing the influence of key figures like Dylan LeClair and Gerovich.

Strategy may soon own over 1 million Bitcoin, making up about 5% of the total supply, according to Bernstein analysts. They forecast Bitcoin could reach $200,000 by 2025, $500,000 by 2029, and $1 million by 2033. This would boost Strategy’s earnings per share from $67.50 to $207.

New Highs Ahead for Bitcoin?

On Thursday, March 26, 2025, Bitcoin (BTC) saw a slight recovery, bouncing back to $87,600 after briefly dropping to $85,900 as investors took profits. Bitcoin is holding steady above the $85,500 mark and could soon break through the $88,000 resistance. Additionally, Bitcoin ETFs continue to see significant inflows, with $27 million added in the past eight days, reflecting growing institutional confidence in Bitcoin as a long-term investment.

Alankar Saxena, CTO of Mudrex, believes that if Bitcoin reaches $90,000, a breakout could trigger liquidations, pushing the price to new highs. He notes that the next key resistance level is $89,500.