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Blockchain Group, the first company of the Treasury in Bitcoin in Europe

Yesterday, Blockchain collection Declare Buy 580 Bitcoin. Now the company has a total of 620 BTC.

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They announced:

“This is an important step in the Bitcoin Treasury Company strategy that focuses on increasing bitcoin to the share over time.”

Blocchain Group and Corporate Treasury in Bitcoin

Blockchain collection It is a European company based in France, specialized in data intelligence, artificial intelligence, decentralized technology, and is included in the Euronext Growth Paris.

On their official website, they declare themselves Bitcoin Treasury Company Which supports companies in their digital transformation.

Founded in 2008 by Stéphane Darracq in Pueaux, near Paris, under another name, and since 2011 it was included on the stock exchange in Paris with Ticker Altbg.

Since 2018, it is called Blockchain Group, and from November 2024 it is the first company to the Treasury Bitcoin In Europe. Its goal is to increase the BTC number per share over time.

To say the truth, after the inclusion of the stock market in 2011, when it has not yet participated with Bitcoin and was not called Blockchain Group, its value decreased, and it decreased from 5 euros to 3 euros in September 2014.

The collapse, which occurred specifically in 2014, continued less than 0.11 euros in 2018.

However, the turning point in 2018, with the brand rename and the shift towards EncryptionThe strong apostasy during running the big bull in 2021 is allowed, with a return to nearly 2.5 euros, followed by a new collapse during the bear market in 2022/2023. Less peak was reached in November 2023 less than 0.09 euros.

The recovery occurred only in November last year, after the electoral victory TrumpWith a recovery, it stopped at 0.6 euros. Now about 0.5 euros.

Buy Bitcoin by Blockchain Group

the The first known purchase of BTC By the company dates back to November 2024, when it managed to buy 15.

In December, it brought the number of bitcoin to 40 and until a few days, stopped there.

The main purchase is the advertiser yesterday, which increases the number of BTC, which was held from 40 to 620.

The average purchase cost is about $ 87,000, but it is clearly affected by its presence yesterday.

At this moment, the market value is about $ 50 million, compared to the BTC value, which is about 54 million.

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The strategy applies to Bitcoin Treasury

The French company announces its adoption.BTC return“,”BTC profitAnd “and”BTC profitAs the main performance indicators (KPI) for its strategy launched in November.

Currently, the BTC returns annually achieved about 710 %, with an annual increase in Bitcoin about 284 BTC, and an annual increase in the euro about 23 million.

The purchases were carried out by release of a convertible bond announced on March 6, 2025, as part of the acceleration of the Bitcoin Treasury Company strategy.

Therefore, the strategy is based on the issuance of debt bonds to collect the euro to be customized to buy BTC.

The goal, in fact, is only to increase the number of BTC to one share, also because it is currently, with more than 86 million shares in trading, 620 BTC is not much.

Thanks to all this, the Blockchain group became the first European Treasury Company company, after that Strategy (Previously Microstrategy) in the United States and metaplanet In Japan.

The French company should not be confused with Blockchain.com, an American company that has nothing to do with the Blockchain group and runs a famous encryption platform.

https://en.cryptonomist.ch/wp-content/uploads/2025/03/blockchain-group-bitcoin.jpg

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