Summary
- France-listed blockchain group The Blockchain Group (ALTBG) announced it has additionally purchased 624 Bitcoin.
- With this purchase, The Blockchain Group's Bitcoin holdings have reached 1,471 BTC.
- The Blockchain Group stated it plans to secure 1% of the entire Bitcoin supply over the next 8 years.
France-listed blockchain group 'The Blockchain Group (ALTBG)' has acquired an additional 624 Bitcoin (BTC).
On the 3rd (local time), The Blockchain Group announced on X (formerly Twitter), "We have purchased an additional 624 BTC," adding that it was "worth a total of €60,200,000 ($68,770,000)." As a result, the company's current Bitcoin holdings have reached 1,471 BTC.
The Blockchain Group plans to secure 1% of the entire Bitcoin supply (21,000,000 units) over the next 8 years. Previously, at the end of last month, the company also announced the issuance of convertible bonds worth €63,300,000 to fund further Bitcoin purchases.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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