The Blockchain Group acquires 624 BTC

In a recent update on X, French blockchain specialist The Blockchain Group (ALTBG) has announced its acquisition of 624 BTC for roughly €60.2 million ($68.77 million). This brings its total holdings to 1,471 BTC. Earlier, the company announced in May that it had completed a €63.3 million convertible bond issuance via its Luxembourg subsidiary to advance its Bitcoin Treasury strategy.