Blockchain Group Raises $11.2 Million to Fuel Bitcoin Treasury Strategy

French blockchain firm, The Blockchain Group, has secured a significant funding round of $11.2 million for its bold Bitcoin treasury strategy. This move marks a significant shift for the company and highlights a growing trend of businesses embracing crypto as a strategic asset. The funding will be used to build up a substantial BTC reserve on their balance sheet, aiming to utilize Bitcoin’s potential as both a store of value and hedge against inflation. [Read more about the funding details.]