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Paris-Based Blockchain Group Accumulates 1,471 BTC as Institutional Demand Surges

  • Paris-based Blockchain Group has acquired $68.7 million worth of Bitcoin, bringing their total holdings to 1,471 BTC worth over $154 million.
  • Institutional adoption of Bitcoin is increasing in Europe, with companies like Blockchain Group leading the way in using Bitcoin as a long-term treasury asset.
  • The company's strategic Bitcoin purchase aligns with the growing trend of institutional interest in Bitcoin, following the approval of spot Bitcoin ETFs in the U.S.
  • Other European players like BNP Paribas and VanEck Europe are also exploring similar strategies, reflecting the broader institutional momentum towards using Bitcoin as a strategic asset.

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