France’s Blockchain Group Invests $72 Million to Acquire 590 Bitcoin

Blockchain Group, a French publicly traded company, has made a significant move in the cryptocurrency market. The firm recently raised $72 million and will utilize a portion of this funding ($63.3 million) to acquire nearly 590 bitcoins. This strategic investment showcases Blockchain’s commitment to Bitcoin as a core part of its financial strategy. The company aims for ownership of 1% of the global Bitcoin supply by 2032, a bold goal that signals a significant shift in company financial strategy.