Capital B Increases Bitcoin Treasury Holdings to 3,521 BTC
French-listed company Capital B has acquired an additional 376 BTC for €25.3 million using funds raised through private placements with institutional investors in late August and early September. This purchase brings the firm's total strategic Bitcoin treasury holdings to 3,521 BTC at a cumulative cost of €309.4 million. The acquisition was executed ahead of Capital B’s scheduled reverse stock split on September 8. The company raised nearly €30.1 million through two private placements and an additional capital increase with TOBAM. Institutional investors including Adam Back participated in the funding, which will be used to continue large-scale Bitcoin acquisitions rather than held as cash. The move aligns Capital B with other listed firms that use equity financing for direct crypto purchases. Bitcoin is currently trading at $79,550 after a 0.8% decline over the past day but remains up more than 1% weekly. With daily volume at $22.8 billion and ongoing corporate interest in Bitcoin accumulation strategies, Capital B’s latest purchase highlights growing institutional adoption of crypto as part of long-term treasury management.
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