The transfer was carried out by digital asset services provider Swissquote Bank Europe via the Taurus platform. The company financed its investments in bitcoins by raising funds from the issue of convertible bonds.

The Blockchain Group's first two purchases occurred at two important moments in the Bitcoin market . The company bought 15 BTC on November 5, 2024 — the day Donald Trump won the US presidential election.

The second purchase of 25 bitcoins took place on December 4, when the asset surpassed the $96,000 mark amid an election-inspired rally.

The company emphasized that the strategy for accumulating the first cryptocurrency was developed in order to more effectively distribute excess funds, and the profitability of the bitcoin portfolio amounted to 709.8% since the beginning of the year.

Earlier, the American company GameStop (NYSE: GME ), which sells video games and gaming consoles, announced that its board of directors unanimously approved the use of the first cryptocurrency as a reserve asset.