Capital B Snaps Up 376 BTC in Largest Purchase Since September
Capital B, a French Bitcoin treasury firm, has made its largest purchase in nearly a year by acquiring 376 BTC for $29.5 million.
The acquisition was funded through capital raises totaling around €30.1 million, including a private placement backed by Adam Back, which increased his stake to 17.64%.
This move brings Capital B's total holdings to 3,521 BTC and puts it at 25th among publicly traded corporate Bitcoin holders globally.