The Blockchain Group Aims to Acquire 260K BTC: Institutional Bitcoin Acquisition Grows

A significant move in the digital asset landscape is underway as The Blockchain Group, a French company, has announced ambitious plans to acquire 1% of the total Bitcoin supply within the next decade. This bold accumulation strategy signifies growing confidence in Bitcoin’s long-term value proposition. The company aims to significantly boost its Bitcoin holdings this year, targeting between 1,000 and 3,000 BTC. Their ultimate goal is to acquire up to 260,000 BTC by 2034.