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Capital B Acquires 376 Bitcoin for €25.3M Amid Strategic Expansion

Guavy AI Editorial Team
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BTC
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Capital B has made its largest Bitcoin acquisition since June this year, purchasing 376 BTC for €25.3 million at an average price of €67,182 per coin.

The purchase was completed using proceeds from a series of capital raises totaling nearly €30.1 million, including private placements involving institutional investors such as Adam Back and TOBAM.

Capital B's total strategic BTC holdings now stand at 3,521 coins, with an aggregate acquisition cost of €309.4 million and an average purchase price of €87,878 per coin.

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