List of Flash News about Bitcoin Treasury Corp
Time | Details |
---|---|
2025-06-30 20:04 |
Corporate Bitcoin (BTC) Treasury Trend Grows: Bitcoin Treasury Corp Acquires 292 BTC, The Blockchain Group Raises $13M
According to @FarsideUK, the trend of corporate Bitcoin adoption is accelerating with two significant moves. Bitcoin Treasury Corp. (BTCT) has launched its accumulation strategy by acquiring 292.80 BTC for approximately $31.6 million, aiming to build a digital asset treasury and support its institutional lending services, as stated by the company. BTCT is also preparing for its public trading debut on the TSX Venture Exchange on June 30. In Europe, The Blockchain Group (ALTBG) has secured around $13 million in new funding to establish itself as a premier bitcoin treasury company, according to its announcement. This fundraising included a notable investment from bitcoin pioneer Adam Back and brings the company's total holdings to 1,794 BTC. These corporate acquisitions are occurring as the Bitcoin (BTCUSDT) market shows a slight downturn, trading at approximately $106,390, a decrease of 1.1% over the past 24 hours based on provided market data. |