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Capital B Completes Acquisition of 126 BTC, Boosting Total Holdings to 2,201 BTC
Capital B has finalized the acquisition of 126 Bitcoins for approximately €12.4 million. This transaction raises the company's total Bitcoin holdings to 2,201 BTC, valued around €201.5 million. The company reported a 'BTC Yield' of 1,519.5% year-to-date, underscoring its strategic focus on Bitcoin accumulation. Two significant capital increases—€8.7 million by Peak Hodl Ltd and €5 million by TOBAM BITCOIN ALPHA FUND—funded the acquisition of 80 and 46 BTC respectively.
Additionally, TOBAM converted 1,500,000 notes into 2,121,040 ordinary shares, while Fulgur Ventures announced plans to convert notes into 8.75 million shares. Capital B's Bitcoin strategy aims to enhance its treasury while driving growth in AI, data intelligence, and decentralized tech sectors.
R. H.
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