Capital B Keeps Buying — Total Bitcoin Stash Climbs to 2,800 BTC

Capital B (The Blockchain Group, ISIN: FR0011053636; ALCPB) acquired 551 BTC for approximately $64.3 million (€54.7 million)...

Quick overview

  • Capital B acquired 551 BTC for approximately $64.3 million, increasing total holdings to 2,800 BTC valued at around $307 million.
  • The company reported a year-to-date BTC yield of 1,651.2% and a quarterly gain of 27.8%.
  • Recent capital raisings funded BTC purchases, including a €2.2 million increase and an accelerated bookbuilding that raised €58.1 million.
  • Capital B's disciplined approach focuses on capital efficiency and strategic asset accumulation, positioning it as a significant player in corporate BTC investments.

Capital B (The Blockchain Group, ISIN: FR0011053636; ALCPB) acquired 551 BTC for approximately $64.3 million (€54.7 million), bringing total BTC holdings to 2,800 BTC. The portfolio is now worth around $307 million (€261 million) with an average cost per BTC of $109,542 (€93,205).

The company reported strong year-to-date performance: 1,651.2% BTC yield, 27.8% quarterly gain. 660.5 BTC YTD, 496.3 BTC QTD. €65.6 million YTD, €49.3 million QTD.

Capital Raising Supports BTC Purchases

Capital B used recent capital raisings to fund BTC purchases.

  • €2.2 million capital increase at €2.24 per share fully subscribed by Adam Back, 21 BTC purchased (€2.1 million)
  • Accelerated Bookbuilding at €1.55 per share raised €58.1 million, 530 BTC purchased (€52.6 million)

The company included potential BSA/OCA shares in its fully diluted basis and clarified that future exercises will not further dilute this structure. These moves provide liquidity and capital flexibility to continue to buy more BTC without over-leveraging the balance sheet.

Strategic Outlook and Performance

Capital B’s approach is disciplined and focuses on both capital efficiency and strategic asset accumulation. The company is integrating Bitcoin as a core treasury asset, balancing market timing with measured risk exposure.

  • Average cost per BTC: $109,542 (€93,205)
  • Total BTC: 2,800 BTC valued at $307 million (€261 million)
  • BTC YTD: 1,651.2%; BTC Gain YTD: 660.5 BTC

This dual approach to capital management and portfolio growth makes Capital B a significant player in corporate BTC accumulation. Investors are watching closely as the company navigates market volatility and grows its digital asset base.

ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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