The Blockchain Group Buys $20 Million Worth Of Bitcoin
Bitcoin Magazine The Blockchain Group Buys $20 Million Worth Of Bitcoin European Bitcoin treasury company acquires 182 BTC through convertible bonds and warrant conversions, bringing total holdings to 1,653 BTC worth $172 million. This post The Blockchain Group Buys $20 Million Worth Of Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.
Bitcoin Magazine
The Blockchain Group Buys $20 Million Worth Of Bitcoin
The Blockchain Group has acquired an additional 182 Bitcoin for approximately €17 million ($19.6 million), further expanding its position as Europe’s first Bitcoin treasury company amid accelerating institutional adoption of Bitcoin reserves.
According to a press release issued June 18, the Euronext Growth Paris-listed company completed the purchases through multiple convertible bond issuances totalling over €18 million, subscribed by several investors, including UTXO Management, Moonlight Capital, and asset manager TOBAM.
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