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Capital B Acquires 192 Bitcoin to Reach 3,135 BTC in Total Holdings

Cointelegraph
Capital B has expanded its corporate treasury by purchasing 192 Bitcoin, bringing its total holdings to 3,135 BTC.

Summary

France-listed treasury company Capital B has announced the acquisition of 192 Bitcoin for $15.2 million, at an average price of $78,948 per coin. This latest purchase brings the firm's total holdings to 3,135 BTC, solidifying its position as Europe’s second-largest Bitcoin treasury firm. The acquisition follows a recent capital raise of $17.8 million from strategic investors, including Adam Back and TOBAM. Despite the treasury expansion, the company's stock price experienced a 2.4% decline following the announcement.

(Source:Cointelegraph)