The Blockchain Group increased its holdings by 624 BTC, bringing its total holdings to 1,471

PANews
PANews
BTC-2.69%

PANews reported on June 3 that The Blockchain Group, a European listed company, announced the completion of the acquisition of 624 bitcoins, with a total position of 1,471, with a total value of about €131.9 million at an average price of about €89,687. Year-to-date (YTD) achieved a BTC yield of 1097.6%, with an increase of 439 BTC and a gain of about €42.3 million. The increase was completed through a €8.6 million private placement and a €55.3 million convertible bond subscription by Fulgur Ventures. According to the company, the strategy aims to maximize the amount of bitcoin corresponding to a unit of share and continue to advance the bitcoin vault corporate strategy

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