The Blocchain Group acquired an additional 182 Bitcoin for about 17 million euros (19.6 million dollars), which led to the expansion of its position as the first company for the Bitcoin Ministry in Europe amid the acceleration of institutions’ accreditation for Bitcoin reserves.
according to press release It was released on June 18, EURENEXT Growth, which is included in Paris, has completed purchases through multiple versions of convertible bonds that total more than 18 million euros, in which many investors participated, including UTXO Management, Moonlight Capital and Asset Manager Tobam.
Blockchain Group’s total acquisitions reach 1,653 BTC, purchased at an average price of 90,081 euros ($ 104,000) per currency. The company has reported “BTC Return”-Bitcoin’s holding in relation to fully reduced shares-by 1,173.2 % on an annual basis, which greatly exceeds the holders of other major companies.
The latest company’s purchases were carried out through Swissquote Bank EUROPE and Banque Delubac, with the nursery offered by Taurus Taurus. An additional financing came from the transfer of stock orders to 2.98 million ordinary shares, collecting 1.6 million euros.
We see unprecedented growth in the bitcoin cabinet strategies. The Blockchain Group’s success has created a model for European companies, as new organizations have announced the purchases of Bitcoin almost a week.
The company referred to possible plans to obtain an additional 70 BTC through continuous transactions, which can reach its total property to 1723 BTC. This is followed by the latest Bitcoin Treasury ads from companies including Metaplanet, which now has 10,000 BTC, and the latest strategy of 10,1000 BTC.
At the time of the press, Bitcoin is trading at $ 104,021, a decrease of 1.26 % over the past 24 hours, as markets continue to address the effects of the adoption of increasing institutions. The shares of the Blockchain group fell by 3.9 % to 4.80 euros on Wednesday, trading on Euronext Paris.
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