The Blockchain Group Invests €63 Million to Increase Bitcoin Holdings

The Blockchain Group has raised €63.3 million through convertible bonds, specifically for the purpose of increasing its Bitcoin holdings. The funds will be used to purchase approximately 590 Bitcoin at current market prices, boosting the company’s existing total to around 1,437 BTC. This represents a significant investment in Bitcoin, with the firm aiming to reach 1% of the total Bitcoin supply by 2032.