Capital B increases its Bitcoin cash reserves with the acquisition of 4 BTC

Capital B announced the acquisition of 4 bitcoins for €0.27 million. This transaction brings its total holdings to 3,525 BTC. Since the beginning of the year, the group has posted a BTC return of 2.19%, as well as a gain of 61.9 BTC.

The group completed a capital increase of €0.25 million at €5.64 per share via an ATM contract with TOBAM. The transaction resulted in the issuance of 44,227 new shares, equivalent to an adjusted average subscription price.

This increase reinforces the strategy of Capital B's Bitcoin Treasury Company, which acquired these bitcoins at an average cost of €87,854 each. The secure management of these digital assets is ensured by Swissquote Bank Europe SA.