Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for $15M

Bitcoin Group SE said it agreed to buy all of Germany’s Bankhaus von der Heydt for 14 million euros ($15 million).

  • The acquisition will give the company control of the one of the world's oldest banks and a holder of a full banking license in Germany.
  • The transaction is expected to be completed by third-quarter 2023.