Capital B Raises €25.3M to Add 376 Bitcoin to Treasury

Capital B SA announced the completion of a €25.3 million capital increase and immediately deployed the funds to acquire 376 Bitcoin. The purchase was executed at an average price of €67,287 per coin, raising the company’s total treasury holdings to more than 1,800 BTC.

Capital raise and Bitcoin acquisition

The €25.3 million raise funded the acquisition of 376 BTC, providing a clear metric of the company’s exposure to the cryptocurrency.

Impact on corporate balance sheet

With a treasury now exceeding 1,800 BTC, Capital B joins a growing list of public‑market companies that treat Bitcoin as a core balance‑sheet asset. This positioning can influence how investors value the firm, linking its equity performance to Bitcoin price movements.

European corporate Bitcoin trend

The transaction highlights the spread of corporate Bitcoin treasury strategies beyond the United States, showing that European firms are also adopting Bitcoin as a reserve or identity asset.

Considerations for investors

Investors will monitor whether the model of raising capital and allocating proceeds to Bitcoin remains sustainable, given factors such as dilution, market conditions, and Bitcoin price volatility.