Blockchain Group SA (FR:ALTBG) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The Blockchain Group has acquired 25 Bitcoins at a cost of €2.263 million as part of its strategy to hold Bitcoin as a strategic reserve asset. This acquisition aligns with their ongoing plan to increase Bitcoin holdings per share over time. The transaction was executed with Banque Delubac & Cie, ensuring secure custody through Taurus’s digital asset infrastructure.
For further insights into FR:ALTBG stock, check out TipRanks’ Stock Analysis page.