The Blockchain Group has made a significant step in its Bitcoin strategy by acquiring 580 Bitcoin worth $50 million. This acquisition is its largest to date since the company adopted a Bitcoin treasury strategy in November 2024. The company now holds a total of 620 BTC valued at around $54 million. This purchase was funded through proceeds from a convertible bond issue announced earlier in March.

This move highlights the company’s commitment to Bitcoin as a long-term store of value. The Blockchain Group is focused on maximizing Bitcoin per share through strategic accumulation using excess cash flow and capital raises. Their goal is to never sell Bitcoin but hold it indefinitely to increase shareholder value over time.

The company’s strategy follows the playbook of successful Bitcoin treasury firms. Alexandre Laizet the Deputy CEO believes Bitcoin adoption will grow over the next 10 to 15 years. He envisions Bitcoin as central to the future of finance with traditional markets transitioning to blockchain and stablecoin systems.

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