French bitcoin treasury firm Capital B purchased 376 BTC for €25.3 million ($29.4 million), its largest bitcoin buy since September 2025, increasing its total holdings to 3,521 BTC, according to a company statement. The transaction followed recent capital raises, including a €28.7 million private placement. Adam Back invested an additional €7.6 million, lifting his stake to 17.64% and contributing to the funding of Capital B’s new acquisition. The purchase reinforces Capital B’s bitcoin treasury strategy after its 2025 rebrand from The Blockchain Group and complements its exploration of a bitcoin-backed credit product for Europe, while bitcoin’s market price hovered around $79,500.
This update represents a notable development in the Crypto sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.