The post French Blockchain Firm Makes Bold Move with $50M Bitcoin Buy appeared first on Coinpedia Fintech News
The Blockchain Group, a French blockchain company, has significantly increased its Bitcoin holdings. On March 26, the company announced the purchase of 580 BTC for approximately €47.3 million ($50.8 million). This acquisition boosts its total Bitcoin reserves to 620 BTC. The move highlights the company’s confidence in Bitcoin as a key asset. As more firms embrace Bitcoin, The Blockchain Group’s investment signals growing institutional interest in the crypto space.