• Latest
  • Trending
  • All
  • Market Updates
  • Cryptocurrency
  • Blockchain
  • Investing
  • Commodities
  • Personal Finance
  • Technology
  • Business
  • Real Estate
  • Finance
Blockchain Firm Buys $68M in Bitcoin

Blockchain Firm Buys $68M in Bitcoin

June 3, 2025
Money Examined From Ancient Times to Bitcoin

Money Examined From Ancient Times to Bitcoin

June 5, 2025
At Bitcoin 2025, Crypto Purists and the MAGA Faithful Collide

At Bitcoin 2025, Crypto Purists and the MAGA Faithful Collide

June 5, 2025
Blockchain Could Revolutionize What We Eat, Study Reveals

Blockchain Could Revolutionize What We Eat, Study Reveals

June 5, 2025
How to setup and run DinaFX EAs – Other – 5 June 2025

How to setup and run DinaFX EAs – Other – 5 June 2025

June 5, 2025
Nasdaq Rises. Big Tech Is Trying to Boost the Market.

U.S. 30-Year Treasury Yields Approach 5% Again

June 5, 2025
B2PRIME Appoints Ex-oneZero Head of Sales as Institutional Business Development Manager

B2PRIME Appoints Ex-oneZero Head of Sales as Institutional Business Development Manager

June 5, 2025
EU urges China to loosen rare earth curbs as carmakers near crisis point

EU urges China to loosen rare earth curbs as carmakers near crisis point

June 5, 2025
Trafigura warns of further ‘turbulence’ in commodities markets

Trafigura warns of further ‘turbulence’ in commodities markets

June 5, 2025

Majority of UK firms see no material impact from US trade policy changes – BOE survey

June 5, 2025
Metaplanet Tops Block Inc With 1,088 BTC and 225% Yield

Metaplanet Tops Block Inc With 1,088 BTC and 225% Yield

June 5, 2025
UK fintech Wise to switch main listing to New York

UK fintech Wise to switch main listing to New York

June 5, 2025
Social Security Fairness Act benefit increases arrive for pensioners

Social Security Fairness Act benefit increases arrive for pensioners

June 5, 2025
Thursday, June 5, 2025
No Result
View All Result
InvestorNewsToday.com
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech
InvestorNewsToday.com
No Result
View All Result
Home Blockchain

Blockchain Firm Buys $68M in Bitcoin

by Investor News Today
June 3, 2025
in Blockchain
0
Blockchain Firm Buys $68M in Bitcoin
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Key Notes

  • Blockchain Group purchased 624 BTC for $68 million, elevating its whole to 1,471 BTC.
  • The agency studies 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 primarily based 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 an extra $68 million value 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 steadiness sheets.

In an announcement on X, Blockchain Group revealed that it not too long ago acquired 624 Bitcoin for $68.7 million (equal to 60.2 million euros), bringing its whole 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 way of this initiative, utilizing the proceeds to buy 544 Bitcoin.

Shift for Institutional Traders
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 strategy. The corporate not too long ago bought an extra 1,088 BTC, bringing its whole 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 develop its Bitcoin reserves.

One other instance is Coinbase, which is concentrating on institutional traders with its not too long ago launched Bitcoin Yield Fund. Designed to supply a steady entry level into crypto-based earnings 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.

subsequent

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 circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with an expert earlier than making any selections primarily based on this content material.

Blockchain Information, Cryptocurrency Information, Information

Rose Nnamdi

Rose is a crypto content material author with a robust 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

Tags: 68MBitcoinBlockchainBuysfirm
Share196Tweet123
Previous Post

What next for Thames Water?

Next Post

I Converted My Photos Into Short Videos With AI on Honor’s Latest Phones. It’s Weird

Investor News Today

Investor News Today

Next Post
I Converted My Photos Into Short Videos With AI on Honor’s Latest Phones. It’s Weird

I Converted My Photos Into Short Videos With AI on Honor’s Latest Phones. It’s Weird

  • Trending
  • Comments
  • Latest
Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

February 5, 2025
Best High-Yield Savings Accounts & Rates for January 2025

Best High-Yield Savings Accounts & Rates for January 2025

January 3, 2025
Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

January 5, 2025
10 Best Ways To Get Free $10 in PayPal Money Instantly

10 Best Ways To Get Free $10 in PayPal Money Instantly

December 8, 2024
Why America’s economy is soaring ahead of its rivals

Why America’s economy is soaring ahead of its rivals

0
Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

0
Nato chief Mark Rutte’s warning to Trump

Nato chief Mark Rutte’s warning to Trump

0
Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

0
Money Examined From Ancient Times to Bitcoin

Money Examined From Ancient Times to Bitcoin

June 5, 2025
At Bitcoin 2025, Crypto Purists and the MAGA Faithful Collide

At Bitcoin 2025, Crypto Purists and the MAGA Faithful Collide

June 5, 2025
Blockchain Could Revolutionize What We Eat, Study Reveals

Blockchain Could Revolutionize What We Eat, Study Reveals

June 5, 2025
How to setup and run DinaFX EAs – Other – 5 June 2025

How to setup and run DinaFX EAs – Other – 5 June 2025

June 5, 2025

Live Prices

© 2024 Investor News Today

No Result
View All Result
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech

© 2024 Investor News Today