French Tech Firm The Blockchain Group Snaps Up $19M in BTC, HODLing 1,653 Bitcoin Now

In a bold move signaling growing corporate faith in Bitcoin, The Blockchain Group (TBG), a publicly traded company in France, has acquired 182 BTC worth €17M (~$19M) — bringing their total stash to 1,653 Bitcoin.

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This isn’t a one-off. It’s part of their Bitcoin Treasury model, launched back in November 2024, aiming to convert surplus capital into digital gold. With BTC hovering at its weekly lows, the blockchain group saw a window to stack sats smartly — and their bet’s paying off. The company reports a 1,173.2% YTD yield and currently sits on roughly $173.56M worth of BTC.

They’re not alone. Following in MicroStrategy’s footsteps, the blockchain group and other firms are betting on Bitcoin as a hedge and long-term asset. Their plan? Use excess cash and financing via TOBAM’s €300M capital program to increase Bitcoin per share.

Even with the EU’s MiCA regulations kicking in, the French crypto space is still thriving. Giants like Ledger, Coinhouse, and now The Blockchain Group are doubling down on BTC — proving that regulation doesn’t mean retreat, it means playing smarter.

📌 TL;DR: TBG just turned a dip into a win. Institutions aren’t just watching — they’re buying.

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Anmol Khatiwada

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