French listed company acquires $76 million worth of Bitcoin, joining other companies

2025/03/27 10:03 (Updated 2025/04/23 14:03)
CoinPost
Written by Lewis Kikutani
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French listed company acquires $76 million worth of Bitcoin, joining other companies

First Bitcoin Treasury Company in Europe

The Blockchain Group, listed on Euronext Paris, announced a major shift in its financial strategy on the 27th. The company, which specializes in data intelligence, AI, and decentralized technology, acquired 580 Bitcoin on March 26 for approximately 47.3 million euros (approximately 7.6 billion yen), paving the way for it to become Europe's first Bitcoin treasury company.

With this acquisition, the company's total Bitcoin (BTC) holdings reach 620 BTC, with an average acquisition price of approximately 81,480 euros (87,588 dollars) per Bitcoin. Through the acquisition of Bitcoin by its consulting subsidiary, the company has expanded its digital asset...

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MAGAZINE

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