Blockchain Group Buys Additional 624 BTC, Total Holdings Surpass 1,400 Coins Worth $154 Million

Blockchain Group Buys Additional 624 BTC, Total Holdings Surpass 1,400 Coins Worth $154 Million

 

France | June 5, 2025 – Blockchain Group, a technology company based in France, has announced the purchase of an additional 624 BTC, worth approximately $68 million USD. This brings the company’s total Bitcoin holdings to 1,471 BTC, valued at around $154 million.

This move highlights a growing trend among European companies turning to Bitcoin as part of their cash reserve management strategy, especially following the launch of spot Bitcoin ETFs in the U.S. in early 2024 and an executive order by former President Donald Trump, which proposed using seized assets to create reserves in Bitcoin.

While many companies in Europe remain cautious, major industry players like 21Shares, VanEck Europe, and Bitpanda have increasingly entered the Bitcoin space. Analysts expect this trend to continue—particularly if Bitcoin edges closer to the $100,000 mark, driven by growing institutional demand globally.