Crypto· Bitcoin

Capital B adds 376 Bitcoin in $29M purchase, boosting holdings to 3,521 BTC

French Bitcoin treasury firm Capital B acquired 376 BTC for approximately $29.5 million, expanding its total holdings to 3,521 BTC and moving ahead of H100 Group among publicly traded companies holding the digital asset. The purchase, funded through recent capital raises supported by investors including Adam Back, represented the company's largest Bitcoin acquisition in nearly a year.

By AI NewsroomPublished about 18 hours agoUpdated about 18 hours ago10 views

Capital B adds 376 Bitcoin in $29M purchase, boosting holdings to 3,521 BTC

Why It Matters

Capital B's purchase reflects an ongoing trend among corporate treasury companies building Bitcoin reserves, even as some firms divest their holdings. The transaction underscores the competitive positioning among publicly traded Bitcoin holders, with Capital B now ranking 25th globally and establishing itself as Europe's leading corporate Bitcoin holder by total BTC.

Key Facts

Purchase amount: 376 BTC for €25.3 million ($29.5 million)
New total holdings: 3,521 BTC
Average purchase price: €67,182 per BTC
Capital raised: €30.1 million ($35 million)
Ranking: 25th among publicly traded Bitcoin holders globally

Capital B, a French-based Bitcoin treasury company, has significantly expanded its digital asset reserves through a substantial purchase of 376 BTC valued at approximately $29.5 million. The transaction was made possible following capital raises totaling roughly $35 million, with backing from notable Bitcoin figures including Adam Back. The company executed the purchase at an average price of €67,182 per Bitcoin through Switzerland-based Swissquote Bank Europe, with digital asset custody provider Taurus securing the holdings.

The acquisition brings Capital B's total Bitcoin treasury to 3,521 BTC, acquired at a combined cost of €309.4 million since the company began building its reserves. This latest purchase represents the firm's most significant acquisition since September 2025, when it had bought 551 BTC. The transaction moves Capital B ahead of Sweden-based H100 Group in the rankings of publicly traded Bitcoin holders, though both companies remain positioned behind Germany's Bitcoin Group SE, which holds 3,605 BTC.

Capital B's expansion reflects broader market dynamics where corporate Bitcoin accumulation continues among some institutional players. Major Bitcoin treasury companies have pursued divergent strategies in recent months, with some like Metaplanet aggressively building reserves—acquiring 2,823 BTC during the second quarter to reach 43,000 BTC—while others including K Wave Media and Sequans Communications have opted to liquidate their holdings. Strategy, the world's largest corporate Bitcoin holder, also resumed buying in August after a two-month pause, acquiring 4,603 BTC and bringing its total to 845,050 BTC.

The competitive landscape among publicly traded Bitcoin holders continues to shift as companies pursue varying treasury strategies. Capital B's positioning at the 25th rank globally reflects the growing concentration of Bitcoin among corporate entities, with the company now established as Europe's leading publicly traded holder by total BTC accumulation. The firm maintains an additional 61 BTC for operational purposes, which it excludes from official treasury metrics and performance reporting.