Key dishes to remember
- The Blockchain group plans to acquire up to 260,000 bitcoin by 2034.
- TBG shares jumped 474% in six months due to the strategic accumulation of bitcoin.
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The Blockchain Group (TBG), a Bitcoin cash flow company publicly listed by Adam Back, plans to acquire between 170,000 and 260,000 bitcoin by 2034, a participation that would represent up to 1% of the total Bitcoin supply.
The plan, described in the latest TBG budget report, presents a progressive strategy to extend its Bitcoin participations over eight years. The company aims to bring its hiding place to 1,000 to 3,000 BTC this year and targets 100,000 BTC by 2032.
“If Bitcoin reaches 1 to 2 million euros per room by 2033-2035, hold 210,000 BTC could represent between 210 billion and 420 billion euros of net value,” said the company in its report.
TBG “BTC YOUR BTC”, an owner performance indicator measuring Bitcoin farms by fully diluted share, increased by around 709% in the first quarter of 2025, with Bitcoin-Per-Share going from 41 to 332 SAT.
Registered on Euronext Growth Paris under the Altbg Ticker, TBG went to a Bitcoin cash company model in November 2024. The company brought its Bitcoin assets from 15 BTC in December to 620 BTC by April thanks to statutes and convertible obligations denominated by Bitcoin.
The initiative is supported by cryptocurrency investors, notably Fulgur Ventures, UTXO Management and Tobam. Adam Back is TBG’s strategic advisor.
TBG said that he recognizes the risks linked to his strategy. However, he said that the objective is to “accumulate as much BTC as possible, as quickly as possible, in the most accredited way”.
The plan is supported by a projected capacity of capital collection from 150 million euros to 100 billion euros (169 to 112 billion dollars) over eight years, depending on market conditions and investor participation. In case of success, TBG could become the largest Bitcoin holder in Europe.
TBG shares increased 474% in six months
TBG follows in the footsteps of Bitcoin treasury pioneers as well as the strategy, which began to adopt a Bitcoin reserve strategy in 2020 and has since recorded an increase in the share price of almost 3,000% over five years.
$ Mstr is now more than 3000% since the adoption of Bitcoin standard. pic.twitter.com/zqbkmhg99
– Michael Saylor (@saylor) May 1, 2025
Since the adoption of its Bitcoin cash model, TBG has posted early gains of 120% in the first month, 265% after three months and 474% at six months. These figures closely reflect the first performances of the strategy and Metaplanet, which joined the movement in April 2024.
“Bitcoin cash companies are the fastest growth in Europe,” said the company.
The strategy is the main holder of the company listed in Bitcoin assessment, having 553,555 BTC. The amount represents approximately 2.6% of the supply of total Bitcoin circulation.
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