Bitcoin Group agrees to buy centuries-old German bank for over $14 million

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Bitcoin Group agrees to buy centuries-old German bank for over $14 million
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Bitcoin Group is set to acquire Bankhaus von der Heydt for 14 million euro ($14.75 million) and 150,000 shares.

Bitcoin Group SE has agreed to purchase German bank Bankhaus von der Heydt for 14 million euro .Bitcoin Group SE, a crypto investment company, has signed an agreement to acquire the centuries-oldThe purchase price is subject to change depending on developments in the equity of the target company, according to a company release.

The deal is still subject to approval by the German Federal Financial Supervisory Authority and is expected the close in the third quarter of 2023.is also a provider for digital asset custody and tokenization in Germany. Last year, the bank

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