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Capital B raises €21 million private placement to buy more bitcoin

The placement sold 36,219,070 shares at €0.58 each, a 6.45% discount to Wednesday’s close, and Capital B expects about €19.9 million in net proceeds.

Reported · Written up by our desk · Market Structure

Capital B, a Euronext Growth-listed bitcoin treasury company that says it is Europe’s first, raised €21 million in a private placement backed by Blockstream founder Adam Back and asset manager TOBAM.

The company said the funding could buy about 270 more bitcoin, taking its holdings to roughly 3,415 BTC. It also disclosed that 36,219,070 shares were sold at €0.58 each, representing a 6.45% discount to Wednesday’s closing price.

Capital B expects net proceeds of about €19.9 million after fees and transaction costs. It currently holds 3,145 bitcoins, which Bitcoin Magazine estimated at over $245 million based on a quoted bitcoin price of $77,960.

Bitcoin Magazine also noted that Capital B built much of its position through fundraising rounds in the first half of 2026, including a May acquisition of 192 coins for €13 million after three capital raises. The article frames the raise against broader pressure on bitcoin treasuries following declines in 2025 that prompted some firms to liquidate holdings, including Strategy.

Latest closeBitcoin $77,411.01 ▼3.5%

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