Capital B Treasuries Swell with 376 New Bitcoin

Capital B SA, Europe's first Bitcoin Treasury Company, has made a significant move to bolster its cryptocurrency holdings. The French holding company finalized a €28.7 million private placement and used the proceeds to buy 376 BTC for €25.3 million.

The purchase lifts the group's total treasury to 3,521 BTC, worth approximately €309.4 million at an average acquisition cost of €87,878 per bitcoin.

Capital B completed the financing through a €1.44 million ATM increase and a share placement subscribed in two tranches. The new shares will be admitted to trading on Euronext Growth Paris, with a warrant structure designed to fund future bitcoin purchases.