The Blockchain Group continues to accumulate Bitcoin for a total of 1,471 BTC

Bitcoin Blockchain

The Blockchain Group continues to accumulate Bitcoin for a total of 1,471 BTC

The Blockchain Group continues to accumulate Bitcoin, reaching a total treasury of 1,471 BTC as of today. The company is listed on Euronext Growth Paris and is the first Bitcoin reserve company in Europe, and today it has just purchased an additional 624 BTC.

The Blockchain Group: the first Bitcoin treasury company in Europe

The Blockchain Group, the first Bitcoin treasury company in Europe, announced that it acquired an additional 624 BTC, equivalent to 60.2 million euros.

In practice, as also reported on its official website, today The Blockchain Group holds a total of 1,471 BTC. Not only that, the company listed on Euronext Growth Paris has achieved a return in BTC of 1,097.6% YTD.

This total is the result of a series of operations that are part of The Blockchain Groups Bitcoin accumulation strategy, which is already the first Bitcoin Treasury company in Europe.

The Blockchain Group and the Bitcoin accumulation strategy: the operations of May

Before today, The Blockchain Group had already made large purchases of Bitcoin that increased the companys reserve capital.

On May 20, the company had announced the capital increase for a total of 8.6 million euros, allowing the acquisition of 80 BTC for ~7.7 million euros.

Immediately after, on May 26, The Blockchain Group announced the definitive completion of the convertible bond issuance for a total amount of ~55.3 million euros. This issuance was subscribed by Fulgur Ventures, allowing the acquisition of 544 BTC for ~52.5 million euros.

The ranking of the largest BTC holders in the world

Recently, there has been talk about the ranking of the worlds largest Bitcoin holders, led of course by its inventor, Satoshi Nakamoto with his 1.1 million BTC spread across various wallet addresses.

Following, it seems that the second largest holder of BTC in the world is the BlackRock ETF fund, with its 659,297.

Moving on to the società quotate, the winner of the ranking of the largest holders of Bitcoin is Strategy by Michael Saylor with his 580,250 BTC.

Thanks to the new purchases, today The Blockchain Group would re-enter the top 20 of this ranking of the publicly traded companies that are the largest holders of bitcoin in the world.