The Blockchain Group purchased 580 BTC for about €47.3 million, raising its total holdings to 620 BTC valued at around €50.5 million. The acquisition aligns with its shift to a Bitcoin Treasury Company initiated in late 2024.
Deputy CEO Alexandre Laizet announced the impressive 709.8% yield year-to-date, indicating strong gains. New KPIs like BTC Yield and BTC Gain are now being utilized to assess Bitcoin performance and growth.
The firm’s strategy echoes Microstrategy’s usage of similar performance indicators. Laizet appreciates the insights from key figures in the crypto industry, such as Michael Saylor, enhancing the firm’s approach to Bitcoin investment.