Bitcoin Milestone: The Blockchain Group’s Major Acquisition

The Blockchain Group Acquires 580 Bitcoin, Expanding Holdings

• The Blockchain Group acquired 580 Bitcoin, increasing its total holdings to 620 BTC.
• The acquisition was valued at approximately $50 million at current market prices.
• Funding for the purchase came from a convertible bond, with Swissquote Bank executing the transaction.
• The company launched its Bitcoin Treasury strategy on November 5, 2024.
• New key performance indicators introduced include “BTC Yield,” “BTC Gain,” and “BTC € Gain.”

The Blockchain Group’s recent acquisition of 580 Bitcoin marks its largest purchase to date, increasing its total holdings to 620 BTC. This move was funded by a convertible bond and executed by Swissquote Bank.