Thursday, September 4, 2025
SCRYPTO MAGAZINE
No Result
View All Result
  • Home
  • Crypto
  • Bitcoin
  • Blockchain
  • Market
  • Ethereum
  • Altcoins
  • XRP
  • Dogecoin
  • NFTs
  • Regualtions
SCRYPTO MAGAZINE
No Result
View All Result
Home Blockchain

Blockchain Firm Buys $68M in Bitcoin

SCRYPTO MAGAZINE by SCRYPTO MAGAZINE
June 3, 2025
in Blockchain
0
Blockchain Firm Buys $68M in Bitcoin
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Key Notes

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

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

BTC
$106 142



24h volatility:
1.7%


Market cap:
$2.11 T



Vol. 24h:
$26.81 B



holdings by buying a further $68 million price of the cryptocurrency. The corporate joins a rising variety of organizations which might be rising their Bitcoin reserves and incorporating the asset into their company stability sheets.

In an announcement on X, Blockchain Group revealed that it just 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 Traders
Not too long ago, extra organizations have been actively including Bitcoin to their stability 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 just lately bought a further 1,088 BTC, bringing its complete holdings to eight,888 BTC, surpassing Block Inc. to rank among the many prime 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% enhance in its inventory worth 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 develop its Bitcoin reserves.

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

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

next

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

Blockchain News, Cryptocurrency News, News

Rose Nnamdi

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

Rose Nnamdi on LinkedIn





Source link

Related articles

OpenAI is hiring ‘AI-pilled’ academics to build a scientific discovery accelerator

OpenAI is hiring ‘AI-pilled’ academics to build a scientific discovery accelerator

September 3, 2025
Galaxy Digital Announces Stock Tokenization on Solana

Galaxy Digital Announces Stock Tokenization on Solana

September 3, 2025
Tags: 68MBitcoinBlockchainbuysfirm
Share76Tweet47

Related Posts

OpenAI is hiring ‘AI-pilled’ academics to build a scientific discovery accelerator

OpenAI is hiring ‘AI-pilled’ academics to build a scientific discovery accelerator

by SCRYPTO MAGAZINE
September 3, 2025
0

Andriy Onufriyenko/Second by way of GettyObserve ZDNET: Add us as a preferred source on Google.ZDNET's key takeawaysOpenAI for Science was introduced in...

Galaxy Digital Announces Stock Tokenization on Solana

Galaxy Digital Announces Stock Tokenization on Solana

by SCRYPTO MAGAZINE
September 3, 2025
0

Key NotesGalaxy Digital has develop into the primary Nasdaq-listed firm to tokenize SEC-registered inventory immediately on Solana.The tokenization is managed...

Own a PS5? I changed 3 settings to give my console a big performance boost

Own a PS5? I changed 3 settings to give my console a big performance boost

by SCRYPTO MAGAZINE
September 3, 2025
0

To assist defend your privateness whereas utilizing your PS5, you may customise sure settings to regulate what info is seen...

Japan Post Bank To Give Digital Yen Access To $1.3T Deposits

Japan Post Bank To Give Digital Yen Access To $1.3T Deposits

by SCRYPTO MAGAZINE
September 3, 2025
0

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Ad Disclosure Japan Publish Financial institution is transferring...

Finally, a Samsung phone that I’d put my S25 Ultra away for (especially at this price)

Finally, a Samsung phone that I’d put my S25 Ultra away for (especially at this price)

by SCRYPTO MAGAZINE
September 2, 2025
0

ZDNET's key takeaways The Samsung Galaxy S25 Edge at present sells for $699 for the 12GB of RAM and 256GB...

Load More
  • Trending
  • Comments
  • Latest
Analysts’ 2025 Bull Market Predictions

Bitcoin Entering Second ‘Price Discovery Uptrend’, What’s Ahead?

January 21, 2025
Bitcoin Spot-Perpetual Price Gap Turns Negative

Bitcoin Spot-Perpetual Price Gap Turns Negative

December 23, 2024
Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

December 24, 2024
Cardano Price Outlook: The $0.40 Threshold Could Unlock Doors to $1

Cardano Price Outlook: The $0.40 Threshold Could Unlock Doors to $1

December 23, 2024
Bitcoin could reach this unbelievable price by 2025, but these factors must align

Bitcoin could reach this unbelievable price by 2025, but these factors must align

0
XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon

XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon

0

Fed Can’t Hold Bitcoin, No Plans Yet To Change Law, Powell Says

0
Bears Take Full Control of the Market

Bears Take Full Control of the Market

0
2 factors are behind Bitcoin’s $111K recovery, but is it a bull trap?

2 factors are behind Bitcoin’s $111K recovery, but is it a bull trap?

September 4, 2025
Coinbase’s Brian Armstrong Says AI Writes 40% Of Its Code

Coinbase’s Brian Armstrong Says AI Writes 40% Of Its Code

September 4, 2025
Bitcoin ETFs See Inflows as Ether ETFs Drop

Bitcoin ETFs See Inflows as Ether ETFs Drop

September 4, 2025
XRP Price Could Explode To $3.8 Amid Trend Continuation

Is Binance Manipulating XRP Price And Driving The Crash? Analyst Gives Answers

September 4, 2025

Recent News

2 factors are behind Bitcoin’s $111K recovery, but is it a bull trap?

2 factors are behind Bitcoin’s $111K recovery, but is it a bull trap?

September 4, 2025
Coinbase’s Brian Armstrong Says AI Writes 40% Of Its Code

Coinbase’s Brian Armstrong Says AI Writes 40% Of Its Code

September 4, 2025

Categories

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Market
  • NFTs
  • Regualtions
  • XRP

Recommended

  • 2 factors are behind Bitcoin’s $111K recovery, but is it a bull trap?
  • Coinbase’s Brian Armstrong Says AI Writes 40% Of Its Code
  • Bitcoin ETFs See Inflows as Ether ETFs Drop
  • Is Binance Manipulating XRP Price And Driving The Crash? Analyst Gives Answers
  • ECB President Calls To Address Risks From Non-EU Stablecoins

© 2025 SCRYPTO MAGAZINE | All Rights Reserved

No Result
View All Result
  • Home
  • Crypto
  • Bitcoin
  • Blockchain
  • Market
  • Ethereum
  • Altcoins
  • XRP
  • Dogecoin
  • NFTs
  • Regualtions

© 2025 SCRYPTO MAGAZINE | All Rights Reserved