## The Blockchain Group Eyes $7 Million Funding for Bitcoin Acquisition The Blockchain Group (ALTBG), a French firm specializing in blockchain technology, has announced a strategic initiative to raise $7 million. This funding round, executed through a capital increase, is primarily aimed at bolstering the company's Bitcoin (BTC) reserves. As of the 14th, The Blockchain Group already holds a significant 1,933 BTC. This new funding will likely be used to acquire even more, demonstrating the company's confidence in Bitcoin's long-term value and potential. The move underscores a growing trend of institutional investors recognizing Bitcoin as a strategic asset. It will be interesting to watch how this acquisition impacts their overall strategy and future endeavors within the blockchain space. ```

#BTC