This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
The Blockchain Group has significantly expanded its Bitcoin holdings to 1,653 BTC, now valued at $170 million, achieving a staggering year-to-date yield of 1,173%. The acquisition was financed through €18 million in convertible bonds, attracting major investors like UTXO Management and Moonlight Capital. Meanwhile, Norwegian firm K33 announced plans to raise funds for a 1,000 BTC purchase.
- The Blockchain Group's Bitcoin holdings surged to 1,653 BTC ($170M) with a 1,173% yield, funded by €18M in convertible bonds.
- Norwegian firm K33 plans to raise $8.8M to buy 1,000 BTC, expanding its crypto exposure for portfolio diversification.
- The Blockchain Group's shares (ALTBG) fell 5.5% despite its aggressive BTC accumulation strategy and upcoming €300M ATM offering.
📎 Related coverage from: crypto-news-flash.com
Related Tags: Bitcoin
Other Tags: Euronext, K33, Metaplanet, Treasury, UTXO Management