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Crypto

Capital B Doubles Down on Bitcoin Accumulation

Guavy AI Editorial Team
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BTC
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Capital B has added another 4 Bitcoin to its treasury holdings, bringing its total to 3,525 BTC. The purchase was funded through a €250,000 capital increase under an at-the-market agreement with asset manager TOBAM.

The acquisition cost of the latest 4 BTC is approximately €270,000, increasing the company's overall Bitcoin holdings to a value of around €309.7 million. This represents an average cost of about €87,854 per BTC.

This purchase follows a much larger acquisition announced one week earlier, where Capital B bought 376 BTC for €25.3 million, increasing its holdings from 3,145 BTC to 3,521 BTC.

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