The Blockchain Group Buys 624 Bitcoin Worth $68 Million
Paris-based publicly-traded cryptocurrency firm, The Blockchain Group, has purchased 624 Bitcoin (BTC) worth around $68 million. According to an official X post, the company holds a total of 1471 BTC, with a yield of 1097.6% year-to-date. JUST IN: Publicly traded The Blockchain Group buys 624 Bitcoin worth $60 million. — Watcher.Guru (@WatcherGuru) June 3, 2025 Bitcoin Gains Traction Amid Big Buy Source: Watcher.Guru The Blockchain Group’s $68 million BTC purchase comes amid a slight market rebound. BTC climbed to a peak of $111,814 on May 22. BTC’s price has faced a correction since its May peak. The larger crypto market followed BTC’s downward trajectory, with the global market cap dipping 0.3% in the last 24 hours to $3.44 trillion. BTC’s price has risen 0.9% in the daily chart, 10.3% in the monthly chart, and 52.6% since June 2024. Despite the rally, the original crypto has fallen 4% over the previous week and has seen no changes in the 14-day chart. S...