France-based The Blockchain Group and the United Kingdom’s Smarter Web Company have increased their exposure to Bitcoin, joining a growing number of corporates bolstering digital asset reserves.
The Blockchain Group disclosed the purchase of 116 Bitcoin for approximately €10.7 million, while the Smarter Web Company announced the acquisition of 226.42 BTC for £17.9 million.
Semler Scientific, a US-based healthcare technology company, reported purchasing 187 BTC for approximately $20 million, with an average price of $106,906 per bitcoin between June 4 and July 2.
Corporate Bitcoin purchases indicate growing interest in digital assets as a treasury reserve amid favorable market conditions, ETF inflows, and rising institutional interest.