Capital B, a European investment firm listed on Euronext Growth Paris, has successfully raised over $6 million through capital increases specifically earmarked for Bitcoin acquisition. The funding will enable the company to purchase approximately 60 additional BTC, significantly expanding its cryptocurrency treasury holdings.
The capital raise saw participation from prominent industry figures including Adam Back, CEO of Blockstream, and the TOBAM Bitcoin Alpha Fund. This strategic endorsement adds substantial credibility to Capital B's Bitcoin accumulation strategy. Following this latest acquisition, the company's total Bitcoin holdings will exceed 2,260 BTC, valued at approximately €206.3 million based on current prices.
According to Alexandre Laizet, Board Director of BTC Treasury at Capital B, the company recently made a strategic purchase of 48 BTC at €98,575 per coin, valued at approximately €4.7 million. This continues the firm's aggressive accumulation strategy that began in November 2024, focusing on Bitcoin yield maximization and positioning itself as Europe's first and largest Bitcoin treasury company.
The results have been substantial: Capital B has achieved a 1,536.6% Year-to-Date yield and a 19.4% Quarter-to-Date return. The company's sats per share have grown exponentially from 17 to 671 over the past 10 months, demonstrating how Bitcoin exposure has directly translated to shareholder value.