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Crypto

Capital B Adds 376 BTC to Strategic Reserve for €25.3 Million

Guavy AI Editorial Team
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BTC
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Capital B, a French-listed firm, has made its largest single Bitcoin acquisition yet. The company purchased 376 BTC for €25.3 million at an average price of €67,182 per coin.

This purchase was funded through two private placements and a capital increase under the company's agreement with asset manager TOBAM.

Capital B's strategic reserve now holds 3,521 BTC, acquired at an aggregate cost of €309.4 million or an average price of €87,878 per coin.

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