The Blockchain Group Snaps Up $19.6M In Bitcoin, Challenges MicroStrategy's Crypto Crown In Europe

The Blockchain Group's BCHXF €17 million ($19.6 million) Bitcoin BTC/USD acquisition has positioned the firm as Europe's most aggressive corporate actor in crypto treasury allocation.

The latest purchase of 182 BTC brings its total holdings to 1,653 BTC, worth over $170 million, placing it in the same conversation as U.S.-based MicroStrategy Inc MSTR, but

from a European vantage point.

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Bitcoin traded at $104.000 on Wednesday, dropping 1.14% in the past 24 hours.

What truly sets Blockchain Group apart is its aggressive yield claim. The company reported a staggering 1,173% BTC yield for 2025, calculated based on Bitcoin holdings relative to fully diluted shares. It dwarfs MicroStrategy's 19.1% and Metaplanet Inc's MTPLF 266%. The acquisition was funded through convertible bonds and share warrant conversions, backed by institutional names like UTXO Management, Moonlight Capital, and TOBAM.

Blockchain Group uses Swissquote and Banque Delubac for execution, with Swiss custody handled by Taurus, signaling institutional-grade infrastructure. Shares of The Blockchain Group slipped 2.1% to €4.895 following the announcement, as investors weighed the implications of convertible funding and expanded crypto risk.

The firm's assertive BTC play positions it at the forefront of Europe's digital asset strategy, potentially setting a precedent for other EU corporates navigating an era of financial decentralization and fiat fragility

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More Bitcoin Headlines You Should Know

The Federal Reserve is expected to keep interest rates steady at 4.25%–4.50%, but markets are focused on the "dot plot," which signals potential future rate cuts.

Traders expect only 50bps in cuts for 2025, down from 100bps earlier. If the Fed appears more hawkish, Bitcoin could face pressure, especially with prices already stalling near $100,000. Ongoing Middle East tensions could further reduce rate cut expectations to just 25bps, heightening Bitcoin's sensitivity to macroeconomic shifts.

Singapore-based Antalpha ALPH reported a 423% year-over-year net income jump to $1.46M in Q1 2025, fueled by its Antalpha Prime platform.

Revenue rose 41% to $13.6M, including $3.5M from Bitcoin loan tech fees and $10.1M in supply chain financing. In May, the firm raised $56.7M via IPO, with Tether acquiring an 8.1% stake and injecting $20M in Tether Gold (CRYPTO: XAUt).

CFO Paul Liang said Antalpha's fintech scalability outpaced revenue growth. The firm is exploring Ethereum ETH/USD -collateralized loans and AI-related GPU financing. Shares closed at $12.19 Tuesday, down 4.69%, but rebounded 6.64% after hours.

Trading and Technicals

Bitcoin is trading between $104,000 and $105,000, as it failed to sustain momentum above $106,700 earlier this week. It has remained capped below $107,000, with resistance levels at $110,500 and $112,000. Liquidation heatmaps show clustered stop-outs at these thresholds, indicating trader hesitation.

BTC is trading below its 10-day and 20-day moving averages (MA), with the 20-day at $105,800 acting as intraday resistance. The 50-day MA holds at $102,780, while the 200-day MA trends upward at $89,560, reinforcing long-term bullish alignment.

The Relative Strength Index (RSI) is neutral at 49.5. Moving Average Convergence Divergence (MACD) remains in bearish crossover. Bollinger Bands are tightening, with the lower band at $101,852 and upper at $108,240, suggesting an imminent volatility expansion. Daily trading volume stands at $41.7 billion.

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