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The Blockchain Group Acquires 580 Bitcoin for €47.3 Million, Total Holdings Reach 620 BTC Valued at €50.5 Million with 709.8% YTD Yield

The Blockchain Group, a French company recognized as Europe's first Bitcoin treasury firm, has acquired 580 Bitcoin for €47
By: DeepNewz • March 27, 2025
The Blockchain Group Acquires 580 Bitcoin for €47.3 Million, Total Holdings Reach 620 BTC Valued at €50.5 Million with 709.8% YTD Yield

The Blockchain Group, a French company recognized as Europe's first Bitcoin treasury firm, has acquired 580 Bitcoin for €47.3 million. This purchase, confirmed on March 26, 2025, raises the company's total Bitcoin holdings to 620 BTC, valued at approximately €50.5 million. The acquisition was made at an average price of €81,550 per Bitcoin, contributing to a year-to-date yield of 709.8%. The Blockchain Group's growing investment in Bitcoin reflects a broader trend among European firms to accumulate cryptocurrency ahead of potential central bank actions.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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