The blockchain Group Expands Bitcoin Holdings with New Acquisition

Significant Bitcoin Purchase Announcement

The blockchain Group has recently revealed its acquisition of 22 bitcoins, valued at around €2.2 million. This strategic move has increased the company’s total bitcoin reserves to 1,955 BTC. Since the start of the year, the organization has achieved a remarkable ‘BTC Yield’ of 1,373.2%, showcasing its effective investment strategy.

Financing the Acquisition

To facilitate this latest purchase, the company executed a capital increase of approximately €1.1 million, which was issued at an average share price of €3.95, enabling the acquisition of 10 BTC. Additionally, the conversion of BSA 2025-01 into 2,274,754 new shares allowed for the procurement of another 12 BTC, further enhancing its digital asset portfolio.

Strengthening Bitcoin Accumulation Strategy

Listed on Euronext Growth Paris, The blockchain Group is intensifying its strategy to accumulate bitcoin. With these recent transactions, the company is not only meeting but surpassing its quarterly and annual objectives for bitcoin returns, reinforcing its position in the cryptocurrency market.

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Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.