The Blockchain Group, known as ALTBG on Euronext, recently bought 182 Bitcoin for €17 million, enhancing its total Bitcoin stash to 1,653 BTC, worth around €148.9 million. This strategic investment highlights the company’s ambition to position itself as Europe’s leading Bitcoin treasury firm. With a year-to-date yield of over 1,173.2% and a gain of approximately 469.3 BTC valued at about €43.8 million, investors are keen to see how this acquisition will influence the company’s future trajectory. The increasing focus on Bitcoin holdings signals a strengthening of confidence in cryptocurrency’s potential as a solid asset class.