2 hours ago
France-listed Bitcoin treasury institution Capital B announced Monday that it acquired 192 BTC for 13 cardinal euros ($15.2 million), bringing its full holdings to 3,135 BTC.
Capital B purchased its latest tranche astatine an mean terms of astir $78,948 per Bitcoin, Alexandre Laizet, Bitcoin strategy manager astatine Capital B, said connected X.
The acquisition comes a week aft the institution announced a $17.8 cardinal raise from strategical investors, including Blockstream CEO Adam Back and Paris-based plus manager TOBAM. Capital B besides raised $1.28 cardinal from Back connected May 4.
Capital B is 1 of 4 crypto treasury companies to publically disclose Bitcoin purchases successful May truthful far.
Strategy, the largest publically traded Bitcoin holder, announced it acquired $43 million past Monday, portion Strive added $33 cardinal successful BTC connected May 4 and The Smarter Web Company purchased $4.9 cardinal successful BTC.
The acquisition reflects continued involvement successful Bitcoin treasury strategies by a fistful of nationalist companies, adjacent arsenic Bitcoin remains good beneath its October 2025 all-time high.
Capital B acquired 192 BTC. Source: Capital B
Capital B shares autumn aft Bitcoin acquisition announcement
Capital B shares fell astir 2.4% aft the announcement Monday and traded astatine astir 0.62 euros astatine the clip of writing.
The company’s shares are down 17% year-to-date and much than 68% implicit the past year, according to data from Yahoo Finance.
Capital B shares terms successful euros, 1-year chart. Source: Yahoo Finance.
Capital B ranks arsenic the 25th-largest Bitcoin treasury steadfast by holdings and arsenic Europe’s second-largest pursuing Germany’s Bitcoin Group SE, which holds 3,605 BTC, presently worthy astir $277 million, according to BitcoinTreasuries data.
Related: Strategy’s Bitcoin motor faces $28B STRC ceiling: Delphi Digital
Some Bitcoin treasury firms crook antiaircraft amid downturn
Other Bitcoin treasury companies are seeking to trim the equilibrium expanse risks associated with Bitcoin, which is presently down 39% from its $126,198 all-time high.
On April 24, Nasdaq-listed Bitcoin treasury company Nakamoto announced an actively managed Bitcoin derivatives programme aimed astatine generating recurring income from volatility and hedging portion of its firm BTC holdings against downside exposure. The institution reported it sold 284 Bitcoin (worth astir $20 cardinal astatine the time) successful a March 30 filing.
In February, Genius Group reported the merchantability of its remaining treasury holdings of 84 BTC for astir $5.7 cardinal to repay an $8.5 cardinal indebtedness obligation.
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