Capital B SA Raises €25.3 Million for 376 BTC Treasury Boost
Capital B SA has completed a €25.3 million capital increase, using the proceeds to acquire 376 Bitcoin for its treasury. This brings the company's total BTC holdings to over 1,800, solidifying its position as a European corporate entity with a significant Bitcoin reserve.
The acquisition was made at an average price of €67,287 per coin, giving investors a tangible measure of the company's exposure to Bitcoin. This strategy is part of a broader trend where companies are using BTC as a central balance-sheet asset, adding another layer of value to their equity.
While this approach has its benefits, it also comes with risks. A decline in the price of Bitcoin could put pressure on the company's treasury, potentially affecting investor confidence and market performance.