French Bitcoin treasury company Capital B has acquired 376 Bitcoin (BTC) for 25.3 million euros ($29.5 million), bringing its total holdings to 3,521 BTC.The purchase was funded after Capital B completed roughly 30.1 million euros ($35 million) in capital raises, including a private placement backed by investors Adam Back and TOBAM, according to a Monday announcement.The company bought the Bitcoin at an average price of 67,182 euros apiece, with Swissquote Bank Europe executing the purchase and Taurus providing custody.Capital B has spent a total of 309.4 million euros acquiring its Bitcoin treasury, at an average cost of 87,878 euros per BTC. The purchase moved the company to 25th among publicly traded companies by Bitcoin holdings, according to BitcoinTreasuries.net.The latest acquisition was Capital B’s largest since September 2025, when it purchased 551 BTC for 54.7 million euros. The company also holds 61 BTC for operational purposes, which it keeps separate from its treasury reserve and excludes from its Bitcoin-related performance metrics.Related: Satoshi-era Bitcoin wakes after 16 years of dormancy as 600 BTC movesTop BTC treasury firms continue accumulatingWhile companies ...
Capital B adds 376 Bitcoin in $29M purchase, boosting holdings to 3,521 BTC
1 week ago
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