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Crypto

Capital B Boosts Bitcoin Holdings with $25.3M Acquisition

Guavy AI Editorial Team
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BTC
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Capital B has expanded its Bitcoin holdings by purchasing 376 BTC for €25.3 million, bringing its total to 3,521 BTC.

The company acquired the coins through two private placements and an agreement with TOBAM, which generated approximately €28.7 million in combined gross proceeds.

The average purchase price per Bitcoin was €67,182, and the total acquisition cost for the reserve is now €309.4 million, with an average purchase price of €87,878 per coin.

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