French company buys Bitcoin again! John gives a simple explanation for beginners!
Hello, I'm John, a blockchain navigator! "What is blockchain?" "Bitcoin seems difficult..." For those of you who are wondering, I'll explain the latest news in an easy-to-understand way. Please relax and read on (^^)
This time, we bring you the news that the French company "The Blockchain Group" has once again increased its Bitcoin purchases! There are a lot of technical terms and you may be left wondering "?", but don't worry! Let's take a look together.
What kind of company is The Blockchain Group? Why is it focusing on Bitcoin?
First, there is a company called “The Blockchain Group.” It is a French company, and as its name suggests,Blockchain technology,BitcoinIt is a company that pays close attention to this.
ThenBitcoin (sometimes written as BTC)What is that?
This is like "digital money" that can be used on the Internet. Unlike the Japanese yen or the US dollar, it is not issued or managed by a country or a bank, and its main feature is that it has no specific administrator. Recently, there has been an increase in companies buying and holding Bitcoin.
And what supports this Bitcoin isBlockchain technology.
Blockchain is a system in which many transaction records are put into boxes called "blocks" and linked together like a chain, allowing everyone to share and manage information. Once information is recorded, it is very difficult to change it later, so it is said to be very safe. It is expected to be used not only for monetary transactions, but also in a variety of other fields!
Now, The Blockchain Group has newly established75 Bitcoin (75 BTC)And to buy this bitcoin,720 million euros (more than 11 billion yen in Japanese yen!)This may be evidence that investors have high hopes for the future of this company and Bitcoin.
Curious about the amount you purchased? How much Bitcoin has increased?
With this latest purchase of 75 Bitcoin, The Blockchain Group's total Bitcoin holdings will be1,728 BTC became!
1,728 BTC may not seem like much, but it's a significant amount. The fact that a company has this much Bitcoin may be a sign that they truly believe in the future of Bitcoin.
This year's results are also outstanding! What does the astonishing "profit margin of over 1200%" mean?
And what's even more surprising is how this company's bitcoin investments have performed this year.Profit rate (also called YTD yield. It is the percentage of how much the invested money has increased)But, what1,231.7% It has also been reported that it has become
A profit margin of 1,231.7% is a figure that's hard to imagine, isn't it?
For example, if you had invested 100 million yen in this company's strategy at the beginning of this year,It increased to about 1,331 million yen.(That means a profit of about 1,231 million yen)! That's incredible growth! Of course, this is just past performance, and there's no guarantee that the future will be the same, but it's definitely a noteworthy figure.
Are big companies paying attention? A simple explanation of the secrets of "Bitcoin financial strategies"!
In this news, "The Blockchain Group""Bitcoin treasury strategy"is reportedly strengthening its
"Financial strategy" may sound difficult, but it is a plan for "how to hold and use the company's important money." In the past, it was common for companies to hold their money in cash, bank deposits, stocks, etc. However, recently, there has been a movement to actively hold Bitcoin as part of the company's assets, such as "The Blockchain Group."
So why would a company hold Bitcoin as a corporate asset? Here are some possible reasons.
- High expectations for the future:I expect the value of Bitcoin to increase dramatically in the future.
- Investing in new technologies:We believe that the blockchain technology that underpins Bitcoin is an important technology that may change society and the economy in the future, and we own Bitcoin as a representative example of this technology.
- Preparing for inflation:This is to protect against the risk that the value of the money we use on a daily basis (called legal tender) will effectively decrease due to rising prices (inflation).
- Global Usability:It has the potential to make cross-border money transfers faster and with lower fees than the traditional banking system.
It seems likely that The Blockchain Group is seeing these possibilities and is actively collecting Bitcoin as an important asset for the company.
Message from John: Maybe an investment in the future?
This news makes us realize once again that there is a larger trend where companies are starting to seriously consider Bitcoin not just as a casual investment to "give a quick buy," but as "an important asset to entrust the future of their company to."
There are still many unknowns about how Bitcoin and the blockchain technology that underpins it will affect our lives and the economy in the future, but that's exactly why it's so exciting! We'll continue to bring you the latest news on these new technologies in an easy-to-understand way, so please look forward to it!
This article is based on the following original articles and is summarized from the author's perspective:
The Blockchain Group Acquires 75 BTC After €7.2M
Raise