Capital B Surges Past H100 with Record Bitcoin Purchase

French Bitcoin treasury company Capital B has significantly boosted its holdings by acquiring 376 BTC for $29.5 million, bringing its total to 3,521 BTC.

The purchase was funded after Capital B completed a series of capital raises totaling approximately $35 million, including a private placement backed by investors Adam Back and TOBAM.

Capital B bought the Bitcoin at an average price of $67,182 apiece, with Swissquote Bank Europe executing the purchase and Taurus providing custody.

The company has spent a total of $309.4 million acquiring its BTC treasury, averaging $87,878 per BTC.