Capital B, listed on Euronext Growth Paris under the ticker ALCPB, announced the purchase of an additional two Bitcoin for approximately €0.1 million, paying €61,660 per Bitcoin.

Following the acquisition, the company reported total Bitcoin holdings of 2,836 Bitcoin with an aggregate acquisition value of €263.9 million and an average purchase price of €93,061 per Bitcoin.

The purchase was funded through a €0.1 million capital increase completed under an “ATM-type” capital increase agreement with asset manager TOBAM. 

The transaction involved the issuance of 200,000 new ordinary shares at an average subscription price of €0.60 per share.

According to the company, the additional Bitcoin was acquired as part of its ongoing Bitcoin treasury strategy, which focuses on increasing the number of Bitcoin held relative to fully diluted shares over time.

Capital B also reported a BTC Yield of 0.21% year-to-date and quarter-to-date. 

The company said it has achieved a BTC Gain of 5.9 Bitcoin and a BTC € Gain of approximately €0.35 million since the beginning of the year.

The company’s shareholder base includes investors such as Fulgur Ventures and TOBAM, along with Blockstream CEO Adam Back. 

According to the latest disclosure, Back holds 16.83% of the company’s shares on a current basis and 9.58% on a fully diluted basis.

Capital B describes itself as Europe’s first Bitcoin Treasury Company and operates subsidiaries focused on data intelligence, artificial intelligence, decentralized technology consulting, and corporate treasury management.

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