The Blockchain Group, Europe's first Bitcoin Treasury Company, has announced plans for a listing on the US OTCID market, broadening its influence among international investors.
Transition to OTCID
The Blockchain Group is in the final stages of listing on the OTCID market in the US. This market provides a transparent and regulated environment for international companies looking to engage US investors.
Bitcoin Accumulation Strategy
The company continues its efforts to accumulate Bitcoin, with the latest purchase adding 116 BTC to its holdings. These purchases are funded through strategic capital raises.
Financial Performance and Target Strategy
Currently, The Blockchain Group and its Luxembourg unit hold 1,904 BTC acquired for €172 million, with an average entry price of approximately €90,332 per BTC.
The OTCID listing underscores The Blockchain Group's commitment to expanding its presence and enhancing liquidity for international investors, reinforcing its position as a leading Bitcoin Treasury Company.
