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Home Blockchain

Blockchain Firm Buys $68M in Bitcoin

n70products by n70products
June 3, 2025
in Blockchain
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Blockchain Firm Buys $68M in Bitcoin
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Key Notes

  • Blockchain Group purchased 624 BTC for $68 million, elevating its complete to 1,471 BTC.
  • The agency stories a BTC yield of 1,097.6% YTD and 47.9% QTD.
  • Institutional curiosity in Bitcoin continues to rise, with companies like Metaplanet and Coinbase becoming a member of in.
    .

Blockchain Group, a cryptocurrency agency primarily based in Paris, has expanded its Bitcoin

BTC
$105 444



24h volatility:
1.2%


Market cap:
$2.10 T



Vol. 24h:
$24.41 B



holdings by buying an extra $68 million value of the cryptocurrency. The corporate joins a rising variety of organizations which can be rising their Bitcoin reserves and incorporating the asset into their company steadiness sheets.

In an announcement on X, Blockchain Group revealed that it lately acquired 624 Bitcoin for $68.7 million (equal to 60.2 million euros), bringing its complete company holdings to 1,471 Bitcoin.


???? The Blockchain Group confirms the acquisition of 624 BTC for ~€60.2 million, the holding of a complete of 1,471 BTC, and a BTC Yield of 1,097.6% YTD ⚡️

Full Press Launch (EN): https://t.co/iZUEbRaDTZ
Full Press Launch (FR): https://t.co/IgTddli8Hu
BTC Technique (EN):… pic.twitter.com/0bQ9zaSRN3

— The Blockchain Group (@_ALTBG) June 3, 2025

The Paris-based crypto agency, which describes itself as Europe’s first Bitcoin treasury firm, reported that its Bitcoin holdings have yielded a return of 1,097.6% year-to-date (YTD) and 47.9% quarter-to-date (QTD).

Blockchain Group additionally accomplished its beforehand introduced convertible bond sale, which was launched on Might 26. The agency raised €55.3 million from Fulgur Ventures by means of this initiative, utilizing the proceeds to buy 544 Bitcoin.

Shift for Institutional Buyers
Just lately, extra organizations have been actively including Bitcoin to their steadiness sheets as a part of a broader shift towards crypto-backed treasury methods.

One instance is Japan-based Metaplanet, which has adopted an aggressive Bitcoin acquisition method. The corporate lately bought an extra 1,088 BTC, bringing its complete holdings to eight,888 BTC, surpassing Block Inc. to rank among the many high ten company Bitcoin holders.

Metaplanet has achieved a 225% BTC yield year-to-date, together with a 66.3% return in Q2 2025 alone. Its strategic strikes, together with an mNAV adjustment to 4.75, have pushed a 155% improve in its inventory value over the previous month, underscoring its dedication to an all-in Bitcoin technique.

The corporate additionally introduced that it was securing $50 million by issuing zero-interest bonds, all of that are being acquired by Evo Fund, to broaden its Bitcoin reserves.

One other instance is Coinbase, which is concentrating on institutional traders with its lately launched Bitcoin Yield Fund. Designed to supply a steady entry level into crypto-based revenue methods, the fund goals to ship annual internet returns of 4% to eight% on Bitcoin holdings.

With a deal with conservative but constant yields, Coinbase is positioning itself to fulfill rising institutional demand for structured Bitcoin funding alternatives.

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Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm data by yourself and seek the advice of with knowledgeable earlier than making any choices primarily based on this content material.

Blockchain News, Cryptocurrency News, News

Rose Nnamdi

Rose is a crypto content material author with a robust background in finance and tech. She simplifies advanced blockchain and cryptocurrency subjects, providing insightful articles and market evaluation to assist readers navigate the evolving crypto panorama.

Rose Nnamdi on LinkedIn





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