Crypto News
Capital B buys $29 million in bitcoin after raises, its largest BTC purchase in a year
Sep 07, 2026 20:10
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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
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