<ul><li>The Blockchain Group, Europe’s first Bitcoin Treasury Company, has acquired 624 Bitcoin for approximately €60.2 million ($69 million) through equity sales and convertible bonds.</li><li>The acquisitions raised the company's total Bitcoin holdings to 1,471 BTC, with an average purchase price of €89,687 ($103,000) per coin.</li><li>The company reported a 'BTC Yield' of 1,097.6% year-to-date, reflecting the change in Bitcoin holdings relative to fully diluted shares.</li><li>The purchase was facilitated through Banque Delubac & Cie and Swissquote Bank Europe SA, with custody provided by Taurus, as part of the growing trend of European corporations diversifying treasury assets with Bitcoin.</li></ul>

The Blockchain Group Buys $69 Million Worth of Bitcoin

Discover more