Capital B Expands Bitcoin Holdings with €25.3M Acquisition
- Capital B acquired 376 Bitcoin (BTC) for €25.3 million ($29.5 million), increasing total holdings to 3,521 BTC.
- The purchase was financed through a €30.1 million ($35 million) capital raise, including contributions from investors Adam Back and TOBAM.
- Bitcoin was purchased at an average price of €67,182 per BTC, executed by Swissquote Bank Europe.
- Capital B has invested a total of €309.4 million in its Bitcoin treasury at an average cost of €87,878 per BTC.
- This acquisition ranks Capital B as the 25th largest publicly traded company by Bitcoin holdings according to BitcoinTreasuries.net.
While some companies are unwinding their Bitcoin treasuries, others like Capital B continue to accumulate assets aggressively, reflecting ongoing institutional interest in cryptocurrency.
With this latest purchase of BTC, Capital B now holds a total of 3,521 BTC, positioning it just ahead of H100 Group’s 3,506 BTC.
