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The Blockchain Group Increases Its Bitcoin Reserves
The Blockchain Group has confirmed the acquisition of an additional 75 bitcoins for approximately €6.9 million, bringing its total holdings to 1,728 BTC, with a total estimated acquisition value of approximately €155.8 million. Since the beginning of the year, the company has reported an impressive 1,231.7% return on bitcoin (BTC Yield).
These acquisitions are part of a capital increase strategy with investor TOBAM, through which shares were issued for nearly €7.2 million. The objective of this program is to strengthen the group's strategy as a Bitcoin Treasury Company. These Bitcoin investments are managed by Banque Delubac & Cie, using Taurus' secure custody technology.
The Blockchain Group, active on Euronext Growth Paris, continues to consolidate its bitcoin treasury while remaining focused on its activities in data intelligence, artificial intelligence and decentralized technologies.
R. E.
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