Blockchain Group purchased 624 BTC for $68.6 million, increasing total holdings to 1,437 BTC valued at around $150 million.
The company has been gradually buying Bitcoin since late 2024 and has shown a growing interest in making Bitcoin a core asset.
Most recent Bitcoin purchase funded by a $63 million convertible bond and a capital raise of almost $10 million, indicating a strategy to scale up Bitcoin holdings quickly.
Blockchain Group partnered with Banque Delubac & Cie and Swissquote Bank Europe for secure custody of coins, focusing on acquiring more Bitcoin while ensuring asset security.