Capital B Acquires 376 Bitcoin for €25.3 Million Through Recent Capital Raises
Capital B has acquired 376 Bitcoin for €25.3 million as part of its capital raises, bringing its strategic holdings to 3,521 BTC.
The purchase was made at an average price of €67,182 per BTC using proceeds from the company's recent capital increases.
Capital B completed nearly €30.1 million in capital raises through private placements with institutional investors including Adam Back and TOBAM, which funded the Bitcoin acquisition.