Capital B SA Adds 376 Bitcoin to Treasury in €25.3 Million Raise

Capital B SA has completed a €25.3 million capital increase and used the proceeds to buy 376 Bitcoin, adding it to its corporate treasury. The company acquired the Bitcoin at an average price of €67,287 per coin.

This brings Capital B's total treasury reserve to more than 1,800 BTC, firmly placing it in the category of public-market companies using Bitcoin as a central balance-sheet asset.

The strategy is not new: raise capital, buy Bitcoin, and make BTC a core part of the company's identity. This approach has been seen before with MicroStrategy and Metaplanet, but Capital B should be treated on its own terms.