Capital B purchases 376 Bitcoin for $29.5M, raising treasury to 3,521 BTC
Capital B buys 376 Bitcoin
French treasury firm Capital B bought 376 Bitcoin for about €25.3 million ($29.5 million) on September 7, 2026. The purchase raises its total Bitcoin reserves to 3,521 BTC.
Key points
- Purchase size: 376 BTC at an average price of €67,182 per coin.
- Funding came from a €30.1 million capital raise that included a private placement backed by Adam Back and TOBAM.
- Swissquote Bank Europe executed the trade; Taurus provides custody services.
- The acquisition moves Capital B to 25th place among publicly traded companies by Bitcoin holdings.
Details from Capital B announcement
The company’s announcement states that the €25.3 million purchase was financed after completing a €30.1 million capital raise. The raise featured a private placement with investors Adam Back and TOBAM. The trade was carried out by Swissquote Bank Europe, and the Bitcoin is held in custody with Taurus. Capital B’s total spend on Bitcoin to date is €309.4 million, averaging €87,878 per BTC.
Industry context
Other corporate Bitcoin holders continue to adjust their treasuries. Metaplanet bought 2,823 BTC in Q2, bringing its total to 43,000 BTC. Sweden’s H100 Group tripled its holdings to 3,506 BTC after acquiring Norwegian assets. Strategy, the largest corporate holder, added 4,603 BTC in August, reaching 845,050 BTC.
Why this matters
By increasing its reserve to 3,521 BTC, Capital B now holds 15 more Bitcoin than Europe’s H100 Group, positioning it ahead of that competitor among publicly traded companies. The move highlights ongoing interest from European firms in holding Bitcoin as a treasury asset.