Blockchain Group’s $24 Billion Bitcoin Plan Sparks Crypto Market Surge
Europe’s first Bitcoin treasury company, The Blockchain Group, has announced their ambitious plans to acquire 260,000 Bitcoin, valued at $24 billion, by the year 2033.
This announcement has sparked excitement in the crypto market among crypto enthusiasts, who see it as a major adoption step in Europe for cryptocurrencies.
In November 2024, The Blockchain Group became the first company in Europe to make Bitcoin a key part of its financial strategy. The firm saw Bitcoin as an essential part of their money reserves, like a valuable resource for doing business in a world where digital assets are rare and important, rather than treating it like a risky investment to buy and sell quickly.
On 27th March this year, the firm purchased 580…
