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BTC AB has launched a long-term Bitcoin reserve strategy, purchasing an initial 66 Bitcoins.
PANews June 26 news, Bitcoin Treasury Capital tweeted that BTC AB has purchased 66 Bitcoins for approximately $7 million (about 66 million Swedish Krona), with an average price of about $105,270. BTC AB is a company based in Sweden that operates under the Swedish corporate equity structure, purely managing Bitcoin funds with Bitcoin as the core reserve asset.