The Blockchain Group's acquisition of 624 BTC for €60.2 million enhances its status as a leading institutional Bitcoin treasury firm in Europe, showcasing significant unrealized gains.
The Blockchain Group has purchased 624 Bitcoins for approximately €60.2 million ($69 million), increasing its total holdings to 1,471 BTC valued at about €131.9 million. The acquisition was financed through capital increases and bond issuances, indicating the Group's strategic commitment to Bitcoin treasury management with notable unrealized gains reported year-to-date.