Latest news with #BlockchainGroup
Economic Times
2 days ago
- Business
- Economic Times
Cryptocurrency Live News & Updates : Smart Money Faces $12.48M Losses on Altcoin Shorts
22 Jul 2025 | 12:55:12 AM IST A smart money address, known as @ai_9684xtpa, is experiencing unrealized losses of $12.48 million after shorting various altcoins, following a recent market rally. In the latest cryptocurrency news, a smart money address has reported significant unrealized losses of $12.48 million due to short positions on altcoins, as the market has surged. Meanwhile, BNB has dipped below 760 USDT, showing only a slight increase of 1.23% in the last 24 hours. On a more positive note, the Blockchain Group has added 22 Bitcoin to its holdings, achieving an impressive 1,373% yield year-to-date, with its total BTC holdings now valued at $233.5 million. Bitcoin itself has seen a modest rise of 1.21% in the past day, trading close to the $120,000 mark. Additionally, the Thai SEC is considering easing testing requirements for retail crypto investors, aiming to reduce burdens while ensuring investment risks are aligned with product risks. Lastly, the Reserve Bank of Australia faces scrutiny as it holds interest rates steady despite weak inflation, with upcoming policy meeting minutes and a speech from Governor Bullock expected to provide clarity on future monetary policy decisions. These developments highlight the dynamic nature of the cryptocurrency market and regulatory landscape. Show more
Time of India
2 days ago
- Business
- Time of India
Cryptocurrency Live News & Updates : Smart Money Faces $12.48M Losses on Altcoin Shorts
22 Jul 2025 | 12:55:12 AM IST A smart money address, known as @ai_9684xtpa, is experiencing unrealized losses of $12.48 million after shorting various altcoins, following a recent market rally. In the latest cryptocurrency news, a smart money address has reported significant unrealized losses of $12.48 million due to short positions on altcoins, as the market has surged. Meanwhile, BNB has dipped below 760 USDT, showing only a slight increase of 1.23% in the last 24 hours. On a more positive note, the Blockchain Group has added 22 Bitcoin to its holdings, achieving an impressive 1,373% yield year-to-date, with its total BTC holdings now valued at $233.5 million. Bitcoin itself has seen a modest rise of 1.21% in the past day, trading close to the $120,000 mark. Additionally, the Thai SEC is considering easing testing requirements for retail crypto investors, aiming to reduce burdens while ensuring investment risks are aligned with product risks. Lastly, the Reserve Bank of Australia faces scrutiny as it holds interest rates steady despite weak inflation, with upcoming policy meeting minutes and a speech from Governor Bullock expected to provide clarity on future monetary policy decisions. These developments highlight the dynamic nature of the cryptocurrency market and regulatory landscape. Show more
Yahoo
08-07-2025
- Business
- Yahoo
The Blockchain Group Bolsters Bitcoin Reserves With $12.5M BTC Acquisition
The Blockchain Group (ALTBG) has confirmed the acquisition of 116 BTC for approximately 10.7 million euro ($12.51 million), increasing its total bitcoin (BTC) holdings to 1,904 BTC. This strategic expansion results from a series of capital operations, including an 'ATM-type' capital increase and a convertible bond issuance, both completed in early July 2025. The company achieved a remarkable BTC Yield of roughly 1,348% year-to-date, reflecting significant gains in its treasury strategy. Investors, such as TOBAM and Adam Back contributed to recent rounds, enabling purchases of 11 BTC for about 1 million euro ($1.17 million) and 105 BTC for close to 9.8 million euro ($11.47 million) combined. With an average acquisition price of nearly 90,332 euro ($105,688) per bitcoin, the total value of the company's bitcoin reserves now stands at around 172.0 million euro ($201.24 million).Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-07-2025
- Business
- Yahoo
The Blockchain Group Raises $13M to Advance Bitcoin Treasury Vision
The Blockchain Group (ALTBG), listed on Euronext Growth Paris has secured roughly 11 million euros ($13 million) in fresh funding as it doubles down on becoming Europe's first bitcoin (BTC) treasury company. This strategic move underscores the firm's commitment to growing its bitcoin holdings relative to its share count, aiming to deliver long-term value to investors through exposure to digital assets. Part of the fundraising included $1.18 million capital increase at 5.251 euro per share, completed under an 'ATM-type' agreement with asset manager TOBAM. In parallel, the company's wholly owned Luxembourg subsidiary issued 10 million euros ($11.8 million) in convertible bonds, priced at 5.174 euro per share, reflecting a 30 percent premium over the June 27 closing price. TOBAM subscribed for 5 million euros while bitcoin pioneer Adam Back invested around 5 million euros. The Blockchain Group currently hold 1,794 BTC, while the share price is up 1% on Tuesday.
Yahoo
30-06-2025
- Business
- Yahoo
The Blockchain Group Bolsters Bitcoin Holdings and Capital Base
The Blockchain Group (ALTBG) announced a series of strategic moves enhancing both its bitcoin treasury BTC and capital structure. The Paris-based company bought 60 BTC for about 5.5 million euros ($6.5 million), bringing its total holdings to 1,788 BTC valued at about 161.3 million euros, with an average price of 90,213 euros each. Notable transactions include Blockstream CEO Adam Back subscribing to over 2.1 million new shares for around 1.16 million euros, and French asset manager TOBAM subscribing to some 262,605 new shares for just under 143,000 euros, enabling the purchase of 13 BTC. The company exercised warrants called BSA 2025-01, issuing over 1.1 million new shares and raising about 600,00 in fresh funds, which were then used to acquire 6 BTC. Additionally, the company completed an 'ATM-type' capital increase with TOBAM, raising 4.1 million euros to fund 41 BTC. Year-to-date, The Blockchain Group has achieved a BTC Yield of 1,270 % and gains of roughly 508.3 BTC, translating to around 46.7 million euros. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
