Key dealers
- The blockchain group plans to acquire up to 260,000 bitcoin by 2034.
- TBG’s shares have increased 474% in six months due to strategic Bitcoin accumulation.
Blockchain Group (TBG), a publicly listed Bitcoin Treasury company with the support of Adam Back, has planned to acquire between 170,000 and 260,000 bitcoin in 2034, a proportion that would represent up to 1% of the total Bitcoin delivery.
The plan, as described in TBG’s latest tax Reportestablishes a facade strategy for expanding its Bitcoin holdings for eight years. The company aims to get its stash to 1,000 to 3,000 BTC this year and is aimed at 100,000 BTC in 2032.
“If Bitcoin reaches EUR 1-2 million per coin in 2033-2035, can hold 210,000 BTC representing between € 210 billion and EUR 420 billion in net asset value,” stated the company in its report.
TBG’s “BTC return”, a proprietary profit indicator that measures bitcoin holdings per full diluted share, increased approximately 709% during Q1 2025, with Bitcoin-per share that increased from 41 to 332 SAT.
Listed on Euronext Growth Paris under Ticker Altbg TBG switched to a Bitcoin Treasury Company model in November 2024. The company has cultivated their bitcoin holdings From 15 BTC in December to 620 BTC in April through stock investments and bitcoin-denominated convertible bonds.
The initiative is supported by crypto-in-born investors including Fulgur Ventures, Utxo Management and Tobam. Adam Back is TBG’s strategic adviser.
TBG has said that it recognizes the risks that are bound to its strategy. However, it has argued that the goal is to “collect as much BTC as possible, as quickly as possible, in the most accurate way as possible.”
The plan is supported by an estimated capital -enhancing capacity of EUR 150 million to EUR 100 billion ($ 169 million to $ 112 billion) for eight years, depending on market conditions and investors’ participation. If succeeded, TBG can become Europe’s largest business holders by Bitcoin.
TBG’s shares have risen 474% in six months
TBG follows in the foot of Bitcoin Treasury Pioneers Like Strategy, which began to include a Bitcoin Reserve strategy in 2020 and has since registered an increase of almost 3,000% of the share price for five years.
$ mstrers Is now up more than 3000% since he adopted the Bitcoin standard. pic.twitter.com/zqbkmhg999
– Michael Saylor (@Saylor) May 1 2025
Since adopting his Bitcoin Treasury model, TBG has posted early winnings of 120% during the first month, 265% after three months and 474% at the six-month mark. These figures carefully reflect the early performance for both strategy and Metaplanet, which joined the movement in April 2024.
“Bitcoin Treasury companies are the fastest growing companies in Europe,” the company claims.
Strategy stands as the leading listed business owner in Bitcoin and has 553 555 BTC. The amount represents about 2.6% of Bitcoin’s total circulating supply.