BlockChain News

Blockchain Group, $ 24 billion

The first Bolockchain Group group in Bitcoin Treasury in Europe has announced its ambitious plans to acquire 260,000 Bitcoin, at a value of $ 24 billion, by 2033.

This announcement sparked the excitement in the encryption market between encryption lovers, who see it as a major step for adoption in Europe for encrypted currencies.

In November 2024, the Blockchain group became the first company in Europe to make Bitcoin a major part of its financial strategy. The company Bitcoin saw an essential part of its money reserves, such as a valuable resource for doing business in a world where digital assets are rare and important, instead of treating them such as risky investment to buy and sell quickly.

On March 27 this year, the company bought 580 Bitcoin as part of its plans, which represents its third largest purchase.

The company’s plan was appointed to buy 260,000 Bitcoin by 2033 to make ripples in the encryption industry that it deems the largest accreditation of encryption gold in European countries.

This historic announcement, which the company presented, highlights the increasing role of Bitcoin as the asset of the Capital Ministry.

Also read: Blockchain 580 Bitcoin buys, which represents its largest purchase



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