BlockChain News

The Blockchain 580 BTC group adds, where stock has jumped 226 % since the axis

France -based Blockchain group added 580 Bitcoin to Bitcoin, after an increase of 225 % in its share price since it started storing Bitcoin in November.

This is the three largest bitcoin purchases made by the organization, per March 26 is an hour later. At the time of publication, the value of 580 Bitcoin is $ 50.64 million, with Bitcoin (BTCPrices trading at $ 87,311, According to To CoinmarketCap data.

The first purchase operations in the central bitcoin moments

Blockchain Group’s first purchases on Bitcoin on important features of the Bitcoin industry. I bought 15 BTC on November 5, on the same day that Donald Trump won The presidential elections for the United States Before Bitcoin was going on a month -old march that he witnessed up to $ 100,000 for the first time in December.

Bitcoin 24.38 % has risen over the past 12 months. source: Coinmarketcap

The second purchase was 25 Bitcoin on December 4, when Bitcoin was trading at $ 96,000 during the post-election gathering, with an awaiting price increased from the price of six numbers-which happened the next day.

March 26 is not a major date for Bitcoin, but it is Five days before the end of Q1 2025 – A quarter of Bitcoin retreated compared to the first quarter in the previous years – and it is close to the first anniversary of the Betcoin on April 20.

According to To Blockchain Group, Bitcoin’s strategy was an attempt to take advantage of the company’s excess cash and appropriate financing tools.

Blockchain (Altbg) collection was listed on EuronXT Paris, the second largest stock exchange in Europe depending on the maximum market.

The company refers to itself as a “global umbrella” for companies specialized in data intelligence, artificial intelligence and decentralized technology. Since Bitcoin’s accumulation began on November 5, Altbg increased by 225 % to 0.48 euros ($ 0.52), According to To Google Finance Data.

The latest bitcoin purchase was announced after the market was already closed on March 26.

Blockchain Group SA has increased since it announced the accumulation of bitcoin. source: Google Financing

It comes on the same day that Gamestop shares jumped approximately 12 % After the company announced plans To buy bitcoin.

The company plans to finance purchase through debt financing. After the markets were closed on March 26, Gamestop announced the offer of 1.3 billion dollars transferred notes.

Related to: Bitcoin should break this level to resume the bull market with $ 2.4 billion in BTC stock exchanges

“It will be interesting to note whether other companies take Baton from Gamestop and where this market will lead,” said the founder of N7 Capital Anton Chashchin in a statement that Cointelegraph saw it.

Meanwhile, the investor, owners in the United States, Jason Calcannis, said Bitcoin was a good suitable solution Public companies that do not have a suitable business model.

Michael Celor, the original lawyer for bitcoin, led his company, his strategy, to cross 500,000 Bitcoin Mark, currently holding 506137 Bitcoin.

Between November and January, the strategy maintained a series of consecutive bitcoin purchases for 12 weeks.

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This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.