French Listed 'The Blockchain Group (ALTBG)' to Purchase 590BTC

Son Min

Summary

The French listed blockchain group 'The Blockchain Group' plans to purchase 590BTC using 72 million dollars raised from bond sales.
It was stated that based on the current Bitcoin price, up to 658BTC can be purchased.
The Blockchain Group announced plans to secure 1% of the total Bitcoin supply over the next 8 years.

The French listed blockchain group 'The Blockchain Group (ALTBG)' is set to purchase an additional 590BTC.

On the 27th (local time), Satoshi Club announced on X (formerly Twitter) that "The Blockchain Group plans to purchase an additional 590BTC using funds (72 million dollars) raised from bond sales," adding that "based on the current Bitcoin price, up to 658BTC can be purchased."

The Blockchain Group has previously stated its intention to secure 1% of the total Bitcoin supply (21 million) over the next 8 years.

BTC

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

French Listed 'The Blockchain Group (ALTBG)' to Purchase 590BTC

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