Blockchain Group has just taken another big step in building its Bitcoin stash. The Paris-listed firm picked up 624 BTC on Tuesday in a deal worth $68.6 million.
Based on reports, that move pushes its total holdings to 1,437 BTC—now valued around $150 million. It’s clear the company wants to be known as a heavyweight when it comes to holding Bitcoin on its balance sheet.
Accelerated Bitcoin Purchases
Since late 2024, Blockchain Group has been buying Bitcoin in stages. Starting with 15 BTC for $1.1 million in November 2024, then adding 25 BTC the next month, the firm was easing its way in.
🟠 The Blockchain Group confirms the acquisition of 624 BTC for ~€60.2 million, the holding of a total of 1,471 BTC, and a BTC Yield of 1,097.6% YTD ⚡️
Full Press Release (EN): https://t.co/iZ