A French company, The Blockchain Group, has raised over $9.7 million to acquire more Bitcoin (BTC), signaling a growing trend of institutional investment in the cryptocurrency market. This move is particularly significant as recent data reveals that Americans now hold more Bitcoin than gold, highlighting the increasing influence of this digital asset in financial markets. 50 million Americans have embraced Bitcoin as an alternative store of value, surpassing even traditional gold holdings. This surge follows a pattern observed during past bullish cycles, where corporations capitalize on dips in BTC prices to accumulate large reserves for future growth. The Blockchain Group’s investment is a testament to this trend, demonstrating its belief in the long-term potential of Bitcoin and its adoption as a significant component of financial portfolios.