European Firm Quietly Buys Over $200M in Bitcoin
Capital B, a Paris-listed company that rebranded from The Blockchain Group in November 2024, has quietly accumulated over 3,140 Bitcoin (BTC) in just one year. This makes it Europe's first dedicated corporate Bitcoin treasury, with an estimated value of around $200 million at an average cost basis of approximately $104K per coin.
The company has been buying BTC consistently since launching its accumulation strategy on November 5, 2024. Its most notable purchases include a 192 BTC buy in May 2026 and a smaller 1 BTC acquisition on August 3, 2026, worth roughly €60,000.
Capital B operates within a regulated European framework, listing on Euronext Paris and Cboe Europe. The company's goal is to hold 15,000 BTC by the end of 2027 and an ambitious 210,000 BTC by 2033, which would represent 1% of Bitcoin's total fixed supply.