Coinspeaker
The Blockchain Group Purchases 580 BTC, $95K Next?
Amid the growing corporate interest in Bitcoin
BTC
$86 979
24h volatility:
0.9%
Market cap:
$1.73 T
Vol. 24h:
$25.00 B
, France-based The Blockchain Group has expanded its BTC treasury with the purchase of 580 Bitcoin, valued at over $50 million. The latest purchase, disclosed in a March 26 after-hours statement, is the company’s largest BTC buy to date.
The company’s stock price has surged by a staggering 225% since it started the Bitcoin accumulation strategy in November. The first purchase of 15 BTC occurred on November 5, coinciding with Donald Trump’s victory in the U.S. presidential election.
The Blockchain Group followed up with another buy o
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