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The Blockchain Group Buys 624 Bitcoin Worth $68 Million

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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...

MicroStrategy acquires 15,350 Bitcoin, now holds 439,000 BTC valued at over $45B

MicroStrategy bought its latest Bitcoin between December 9, 2024, and December 15, 2024 Last week, the company purchased 21,550 Bitcoin for $2.1 billion and the week before it bought 15,400 Bitcoin for $1.4 billion The Bitcoin buying spree comes as MicroStrategy will be added to the Nasdaq-100 Index on December 23 MicroStrategy has acquired an extra 15,350 Bitcoin worth around $1.5 billion in cash, pushing its total holdings to 439,000. In an 8-K filing to the US Securities and Exchange Commission (SEC), MicroStrategy, a major Bitcoin holder, bought the crypto asset between December 9, 2024, and December 15, 2024, at an average price of $100,386 per Bitcoin. With the latest Bitcoin addition, MicroStrategy and its subsidiaries now hold 439,000 Bitcoin, valued at $45 billion. In a post on X, Michael Saylor, MicroStrategy’s CEO, said the Bitcoin was bought for $27.1 billion or an average price of $61,725 per Bitcoin. Saylor also noted that MicroStrategy...

MicroStrategy Prepares For $1.75B Raise To Buy More Bitcoin Less Than 24 Hours After Latest $4.6B Purchase Disclosure

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Software firm and the largest corporate Bitcoin holder, MicroStrategy, has announced its plans to raise an additional $1.75 billion to buy BTC less than 24 hours after the company disclosed its latest $4.6 billion purchase. The $1.75 billion will be raised through senior convertible notes with a 0% interest rate. This funding will be used “to acquire additional bitcoin and for general corporate purposes,” MicroStrategy said in a Nov. 18 statement. MicroStrategy Holds Over 10 Time More BTC Than Marathon Digital At current prices, MicroStrategy could purchase another 19,065 BTC if the company were to allocate the entire $1.75 billion toward buying Bitcoin. This would add to MicroStrategy’s substantial holdings in the leading crypto.  Data from Bitcoin Treasuries shows MicroStrategy holds 331,200 BTC, valued at over $30.3 million. This is over 10 times more than the second largest institutional Bitcoin holder, BTC mining giant Marathon Digital Holdings. Mi...

Bitcoin: BlackRock Buys $184 Million Worth Of BTC In One Day

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According to the data from Farside Investors, BlackRock purchased $184.4 million worth of Bitcoin (BTC), 2913 coins to be exact, on Wednesday, Sept. 25, 2024. The figure represents the highest amount of BTC purchased in a single day in September. The development also highlights the growing dominance of BTC-based exchange-traded funds (ETFs) in the US. Also Read: Cardano: What’s ADA’s Price If Its Market Cap Hits $500 Billion? Source: Farside Investors With Wednesday’s $184 million BTC purchase, BlackRock’s total holdings have risen to 359,279 BTC, worth around $23 billion. The world’s largest asset manager, with nearly $10 trillion worth of assets under management, has overtaken the likes of Microstrategy in the amount of BTC held. Microstrategy, a company heavily bullish on Bitcoin, holds around 252,220 BTC, worth around $16 billion. Will Bitcoin Rally After BlackRock’s Purchase? BlackRock’s massive BTC purchase highlights the growing client demand for exp...

Crypto.com offers up to 100% rebate on Apple Store purchases for its Visa Card users

Crypto.com Visa Card users can start earning the exclusive rebates by meeting conditions such as locking up their CRO and upgrading the card to a higher tier. Reimbursements will range from $40 to $20,000 on Apple product purchases. Promotion period is from March 7, 2024 to April 2, 2024. Crypto.com has announced a limited-time promotion that will see users with the Crypto.com Visa Card get up to 100% in reimbursement when they purchase Apple products. The crypto exchange revealed the promo on Thursday, March 7, 2024, noting that the campaign will run until April 2, 2024. Crypto.com Visa Card users can get up to $20k in rebates According to the announcement, Crypto.com App users who upgrade their Crypto.com Visa Card or meet set conditions with regard to their CRO Net Buy will be eligible for the rebate . This offer is also open to new users who apply for a card and meet the requirements. The amount reimbursed will depend on the card tier and the Ap...