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Major Investment by The Blockchain Group in Bitcoin Boosts Stock by 226%

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by Giorgi Kostiuk

3 days ago

The Blockchain Group recently confirmed the purchase of 580 bitcoins, resulting in a 226% increase in company stock value.

Whale Activity and Market Confidence

The announcement was made on March 26th via Euronext, coinciding with increased whale activity on the BTC network, indicating growing confidence in Bitcoin's potential.

Whale accumulation trends are intensifying as The Blockchain Group follows this pattern.None

Stock Price and Volume Surge

Following the announcement, The Blockchain Group's stock price surged from below €0.42 to over €0.51 within days. Trading volume also spiked sharply, exceeding the 100k mark on several occasions.

Bitcoin Potential and Whale Movements

Whale behavior is drawing attention; the Whale Position Change metric shows a net inflow approaching 100K BTC. The Supply per Whale metric is rising, indicating increased confidence among large holders.

The active acquisition by The Blockchain Group and whale actions suggest BTC may retest its previous highs.

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