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Capital B buys 376 BTC for about $29.4 million after capital raises

The French bitcoin treasury firm said the purchase was funded by proceeds from completed capital raises, including a €28.7 million private placement.

Reported · Written up by our desk · Market Structure

Capital B, a French bitcoin treasury firm, acquired 376 BTC for €25.3 million, or about $29.4 million, marking its largest bitcoin purchase in a year, according to The Block.

The new buy increased Capital B’s total holdings to 3,521 BTC. The company said the aggregate value of its holdings is €309.4 million, or about $359.3 million, implying an average purchase price of €87,878, or about $102,058, per bitcoin.

Capital B also said Monday’s purchase was funded by proceeds from recently completed capital raises, including a €28.7 million private placement. The Block reports that the round included an additional €7.6 million investment from Adam Back, lifting his stake to 17.64% on an ordinary basis.

The Block added that Capital B rebranded in July 2025 to focus on its bitcoin treasury strategy. It also said the firm is exploring a bitcoin-backed credit product for the European market modeled after Strategy’s STRC and Strive’s SATA.

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