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The Blockchain Group Buys 60 BTC and Declares a 'BTC Yield' of 1,270.7%
The Blockchain Group has completed the acquisition of 60 bitcoins for €5.5 million, bringing its total holdings to 1,788 BTC. This transaction is accompanied by a capital increase by Adam Back and TOBAM, notably enabling the acquisition of an additional 13 BTC.
The group also announced an impressive 'BTC Yield' of 1,270.7% since the beginning of the year. This financial performance generates a 'BTC Gain' of 508.3 BTC and a 'BTC EUR Gain' of 46.7 million euros since January.
The Blockchain Group's strategy of increasing its bitcoin treasury is reinforced by these acquisitions. At the same time, its subsidiaries continue to expand in the fields of artificial intelligence and decentralized technologies.
R. E.
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