Capital B announced that it acquired an additional 192 Bitcoin for approximately €13.0 million, increasing its total holdings to 3,135 Bitcoin as the company continued expanding its Bitcoin treasury strategy.

According to the company, the latest purchase was completed at an average price of €67,866 per Bitcoin. 

Capital B stated that its aggregate Bitcoin holdings were acquired for roughly €283.6 million at an average acquisition cost of €90,451 per Bitcoin.

The company also reported a BTC Yield of 1.82% year-to-date and 1.09% quarter-to-date, alongside a BTC Gain of 51.3 Bitcoin year-to-date.

Capital B said the acquisition was funded through multiple completed capital raises, including an €854,274 at-the-market share issuance with TOBAM, a €1.1 million warrant issuance subscribed by Adam Back, and a €15.2 million private placement subscribed by institutional investors including Back and TOBAM.

Capital B stated that Swissquote Bank Europe SA executed the Bitcoin acquisition and that custody was provided using infrastructure from Swiss digital asset firm Taurus.

Capital B, listed on Euronext Growth Paris under the ticker ALCPB, describes itself as “Europe’s first Bitcoin Treasury Company.”