on Bitcoin Group SE (isin : DE000A1TNV91)
Bitcoin Group SE's Crypto Holdings Surpass EUR 400 Million
On December 19, 2024, Bitcoin Group SE announced its crypto holdings have exceeded EUR 400 million, driven by a surge in cryptocurrency interest. Since the last report in September 2024, major cryptocurrencies have seen a rise, leading to increased trading volumes. This growth is partially credited to the recent re-election of Donald Trump and the approval of Bitcoin ETFs by the SEC, which boosted market confidence.
The company's net crypto holdings as of December 17, 2024, are over EUR 400 million, up from EUR 245.6 million six months ago. Bitcoin accounts for EUR 361 million and Ethereum EUR 39 million of these holdings. Despite current market fluctuations, the total of treasury shares and cash equivalents exceed Bitcoin Group SE's market capitalization.
R. P.
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