French BTC treasury firm Capital B buys $15 million in bitcoin following raise
Summary
French bitcoin treasury company Capital B has announced the purchase of 192 BTC, valued at 13 million euros ($15.1 million). This acquisition follows a recent fundraising round where the company secured approximately 17.15 million euros ($20 million) in total. The funds were raised through various means, including an ATM-type agreement with TOBAM, issuance of share subscription warrants subscribed to by Adam Back, and a private placement of shares. With this latest purchase, Capital B's total bitcoin holdings now stand at 3,135 BTC, acquired at an aggregate value of $330 million, indicating an average acquisition price of $105,270 per bitcoin. Previously known as The Blockchain Group, the company rebranded in July 2025 to concentrate on its bitcoin treasury strategy.
(Source:The Block)