CandleFocus The Blockchain Group Acquires 25 BTC as Part of Treasury
2024-12-05
Author: Content Editor
The Blockchain Group has announced the acquisition of 25 Bitcoins for a total investment of €2.263 million. This aligns with the company's "Bitcoin Treasury Company" strategy, which was first revealed in November 2024. The acquisition was facilitated by Banque Delubac & Cie, and the asset custody will be provided by Taurus. The group's goal is to accumulate Bitcoin as a long-term reserve asset to enhance shareholder value. This move reflects the growing trend of corporations and institutions exploring Bitcoin as a hedge against economic volatility and inflation. The Blockchain Group's proactive approach positions it at the forefront of the digital asset revolution.
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