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2025-05-02 16:32:55

tzongocu on Nostr: πŸ“° News Alert... πŸ”– Title: European Bitcoin Treasury Company Poised for Expansion ...

πŸ“° News Alert...

πŸ”– Title: European Bitcoin Treasury Company Poised for Expansion with $20 Billion Strategy
πŸ—“οΈ Published: 2025-05-02T19:32:47+03:00
πŸ“„ Summary: The Blockchain Group, Europe’s first "Bitcoin Treasury Company," has announced a return to profitability, boasting a net profit of €1.36 million for 2024, a significant turnaround from a €22.7 million loss the previous year. The Paris-listed firm has unveiled ambitious plans to expand its Bitcoin reserves, launching a robust $20 billion strategy aimed at strengthening its position in the cryptocurrency market. The move highlights the growing confidence in Bitcoin as a viable asset for treasury management and underlines the firm's commitment to leading in this space.
πŸ”— https://cryptoslate.com/european-bitcoin-treasury-company-launches-20b-bitcoin-strategy/

πŸ—žοΈ Source: Liam 'Akiba' Wright
πŸ’“ #BitcoinStrategy #CryptoFinance #TreasuryManagement
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