French BTC treasury firm Capital B buys $15 million in bitcoin following raise
-
Capital B, a France-based bitcoin treasury company, announced Monday that it has purchased 192 BTC (BTC) with 13 million euros ($15.1 million).
The latest acquisition follows last week's announcement of a raise that included participation from Blockstream CEO Adam Back and French asset manager TOBAM.
Capital B confirmed today that it has finalized three capital increases, raising around 17.15 million euros ($20 million) in total. The proceeds were deployed to purchase bitcoin, as previously stated.
In detail, Capital B raised about 850,000 euros euros through an ATM-type capital increase agreement with TOBAM, and 1.1 million euros through the issuance of share subscription warrants, which Adam Back subscribed to.
The remaining 15.2 million euros were raised through a private placement of more than 23 million ABSA shares with four share subscription warrants attached to each share.
With the bitcoin purchase, Capital B now holds 3,135 BTC acquired at an aggregate value of $330 million — implying an average acquisition price of $105,270 per bitcoin.
Originally known as The Blockchain Group, Capital B rebranded in July 2025 to focus on its bitcoin treasury strategy.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
source: https://www.tradingview.com/news/the_block:f23ddfc47094b:0-french-btc-treasury-firm-capital-b-buys-15-million-in-bitcoin-following-raise/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Qeydiyyatdan keç Daxil ol