Capital B buys $29 million in bitcoin after raises, its largest BTC purchase in a year
Capital B's latest Bitcoin purchase
French bitcoin treasury firm Capital B announced on Monday that it bought 376 bitcoin for €25.3 million ($29.4 million). The purchase is its biggest since September 2025.
Key numbers
- 376 BTC bought for €25.3 million ($29.4 million)
- Total holdings now 3,521 BTC, bought for €309.4 million ($359.3 million)
- Average price paid €87,878 ($102,058) per BTC
- Funding came from a €28.7 million private placement, including €7.6 million from Adam Back
Company statement
The firm said the acquisition was funded by proceeds from recent capital raises. The €28.7 million private placement added a €7.6 million investment from Adam Back, raising his ownership to 17.64% on an ordinary basis.
What is confirmed
All figures above come from Capital B’s own press release, which is the primary source.
Why it matters
Capital B’s growing bitcoin treasury shows continued institutional demand for the cryptocurrency. The firm is also exploring a bitcoin‑backed credit product for the European market, which could offer loans secured by bitcoin.
Sources
Related Posts
Written by
Yasir Arafat
XRP Ledger sees fewer active traders but much larger transaction volumes
Sep 05, 2026
Written by
Yasir Arafat
Massive crypto phishing campaign targets 885,000 phone numbers as Bitcoin surges
Aug 21, 2026
Written by
Yasir Arafat
BitMine adds 28,086 ETH, pushing treasury close to 5% of total supply
Sep 10, 2026
Written by
Yasir Arafat
Blockstream Refuses Ransom for $47M in Bitcoin Stolen in Liquid Hack
Sep 13, 2026
Comments (0)
Leave a comment
Your comment will appear publicly after submission.
No comments yet. Be the first to comment!