Capital B Boosts Bitcoin Holdings with €270,000 Purchase
Capital B, a French-listed company focused on Bitcoin treasury, made another significant purchase of 4 BTC for €270,000. This acquisition brings its total Bitcoin holdings to 3,525 BTC, valued at €309.7 million at cost.
The company's latest buy follows an earlier purchase of 376 BTC in September, which was the largest single acquisition this year. Capital B funds its Bitcoin buys mainly through equity issuance, avoiding debt and its associated risks.
Despite shareholder dilution, the company reports a year-to-date Bitcoin yield of 2.19%, indicating growth in Bitcoin per share. This has positioned Capital B as one of the leading European Bitcoin treasury firms, close to Germany's Bitcoin Group SE, which holds 3,605 BTC.