Capital B Acquires 376 BTC for $29.5 Million, Expands Holdings to 3,521

Capital B, a French corporate Bitcoin treasury firm, has expanded its holdings by purchasing 376 BTC for approximately $29.5 million. This acquisition was funded through recent capital raises totaling around €30.1 million ($35 million), which included a private placement backed by investors Adam Back and TOBAM. Swissquote Bank Europe executed the trade, with Taurus providing custody.

The average purchase price of €67,182 per BTC brings Capital B's total holdings to 3,521 BTC. This is the firm's largest acquisition since September 2025, when it acquired 551 BTC for €54.7 million. Capital B distinguishes between its treasury assets and operational holdings, keeping an additional 61 BTC separate from its reserve.

Capital B's latest purchase lands amid a mixed corporate landscape for Bitcoin treasuries, with some companies unwinding their holdings while others continue to accumulate. Japan-based Metaplanet acquired 2,823 BTC during the second quarter for approximately $222 million, and Strategy resumed purchasing in August after a two-month pause.