In a bold and powerful move, Blockchain Group, the leading Bitcoin treasury company in Europe, backed by Adam Back, announced the acquisition of 580 Bitcoins worth $50 million. This is the company's largest acquisition since it began its Bitcoin accumulation strategy in November 2024.
Significant Holding Expansion
Following this deal, the company's total holdings have reached 620 Bitcoins, worth $54 million, funded by the issuance of convertible bonds. This move demonstrates the company's continued commitment to its investment strategy and its strong bet on the bullish future of Bitcoin.
New Performance Indicators
The company also launched 3 new indicators to help investors track the performance of their investments:
- Bitcoin Return
- Bitcoin Gains
- Euro Bitcoin Gains
Surprisingly, the company achieved a 709.8% return since the beginning of the year, a figure that confirms the success of its strategy of growing capital through Bitcoin.
Grandfather-Inspired Strategy
The Blockchain Group follows a similar approach to Strategy, the world's largest Bitcoin treasury. The basic idea is to increase the number of Bitcoins they own through cash flows and capital raising, rather than focusing on selling Bitcoin for quick profits.
Long-Term Vision
Executive Vice President Alexander Lisette stated that the company wants to enhance shareholder value by accumulating Bitcoin without selling it, and that he expects institutional adoption of Bitcoin to take 10 to 15 years. The company's next phase is to connect traditional finance with the Bitcoin-based financial system, through:
- Integrating Bitcoin into treasury bonds
- Facilitating transactions using stablecoins
- Developing blockchain cash funds
