Two European firms, The Blockchain Group and Smarter Web Company, have made significant Bitcoin acquisitions, enhancing their cryptocurrency portfolios. The Blockchain Group, based in France, purchased 116 BTC for approximately €10.7 million ($12.55 million), increasing its total holdings to 1,904 BTC. Meanwhile, the UK-based Smarter Web Company acquired 226.42 BTC for £17.9 million ($24.34 million), bringing its total to 1,000 BTC. These purchases reflect a growing trend of corporate Bitcoin investments amid favorable market conditions. Additionally, Japan's Metaplanet acquired 2,204 BTC for $237 million, raising its total holdings to 15,555 BTC.
European Companies Expand Bitcoin Holdings with Major Acquisitions
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