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Capital B strengthens its treasury in bitcoins
Capital B announced the acquisition of 58 bitcoins for €5.9 million, bringing its total holdings to 2,013 BTC. The company has posted an impressive 1,409.8% BTC yield since the beginning of the year. These strategic acquisitions were made possible by two capital increases, one subscribed by Adam Back for €5 million and the other by TOBAM for €1.6 million.
The group has seen an increase in its bitcoin portfolio, recording a gain of 563.9 BTC since January. With an average cost of €90,863 per bitcoin, the value of the bitcoins held amounts to approximately €182.9 million. These actions underscore Capital B's commitment to its bitcoin accumulation strategy, strengthening its position as the leading Bitcoin Treasury Company in Europe.
R. P.
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