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The data & AI technology consulting company, now turned to treasury, has released a financial statement showcasing its most recent Bitcoin procurement.<\/p>\n
Meanwhile, the crypto asset posted some gains over the weekend and, at the time of writing, is still riding the bullish wave.<\/p>\n
Listed on the Euronext Growth Paris ($ALCPB), Capital B (formerly the Blockchain Group),\u00a0announced<\/a> its most recent purchase via a press release earlier today.<\/p>\n The 126 bitcoins were purchased for approximately \u20ac12.4 million (~$ 14.4 M), bringing their total stash to 2,201, with an average purchase price of $106,770 per coin.<\/p>\n This aligns with their plan to have 3,000 BTC by the end of fiscal 2025, which falls on September 27th this year, and their overall goal of owning 1% of all Bitcoin by 2033. They started the acquisitions in early November last year and have achieved a Bitcoin yield of 1,519.5% year-to-date (YTD).<\/p>\n This is a metric that tracks the percentage change in the ratio of total BTC holdings to fully They are currently ranked 24th on Bitcoin Treasuries, neck-and-neck with HIVE Digital Technologies, which also holds 2,201 BTC, and behind the 2,353 BTC that Microcloud Hologram currently holds.<\/p>\n The largest cryptocurrency by market capitalization had a green Sunday, opening at $116,490 and closing<\/a> the day at $119,310, representing a 2.42% increase. The wave continues into Monday, and at press time, the asset remains on the rise.<\/p>\n An interesting week is ahead of us, as per the US economic calendar, with CPI and PPI data being released<\/a>, along with several other key indicators.<\/p>\n Bitcoin, like other volatile assets, tends to react to macroeconomic data, so its price could fluctuate depending on the numbers. The highly anticipated Fed meeting is also approaching, with just over a month to go until we hear whether a rate cut will be announced, which is another potential catalyst for price moves.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n
diluted shares outstanding over a given period, or simply put, how much more of the asset is owned per potential share of stock.<\/p>\nBitcoin Outlook<\/h2>\n
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