Key facts
- Capital B purchased 376 Bitcoin for $29.5 million.
- The company's total Bitcoin holdings now stand at 3,521 BTC.
- The acquisition was financed through capital raises totaling $35 million.
- Capital B is now Europe's second-largest publicly traded corporate Bitcoin holder.
- The company acquired Bitcoin at an average price of $67,182 per BTC.
French Bitcoin treasury company Capital B has significantly expanded its holdings by acquiring 376 Bitcoin (BTC) for 25.3 million euros ($29.5 million). This strategic move brings the company's total Bitcoin reserves to 3,521 BTC, positioning it as Europe's second-largest publicly traded corporate holder of the cryptocurrency, surpassing H100 Group. The acquisition was made possible following Capital B's successful completion of approximately 30.1 million euros ($35 million) in capital raises, which included a private placement supported by investors Adam Back and TOBAM.
Capital B purchased the Bitcoin at an average price of 67,182 euros per coin, with Swissquote Bank Europe handling the transaction and Taurus providing custody services. The company has invested a total of 309.4 million euros in its Bitcoin treasury, with an average acquisition cost of 87,878 euros per BTC. This latest purchase marks Capital B's largest single Bitcoin acquisition since September 2025, when it bought 551 BTC for 54.7 million euros. The company maintains a separate reserve of 61 BTC for operational purposes.
While some companies like K Wave Media and Sequans Communications are divesting their Bitcoin treasuries, others are actively accumulating. Japan-based Metaplanet acquired 2,823 BTC in the second quarter for about $222 million, bringing its total to 43,000 BTC and ranking it third among corporate holders. In August, Sweden's H100 Group tripled its holdings to 3,506 BTC. However, Capital B's recent purchase places it 15 BTC ahead of H100 Group. Germany's Bitcoin Group SE remains the largest European corporate holder with 3,605 BTC. Strategy, the world's largest corporate Bitcoin holder, also resumed buying in August, acquiring 4,603 BTC for $370 million, bringing its total to 845,050 BTC.