Capital B has made its biggest Bitcoin purchase in nearly a year, adding 376 BTC worth about €25.3 million ($29.4 million) to its corporate treasury.
The French Bitcoin treasury company said the latest acquisition lifted its total holdings to 3,521 BTC, strengthening its position among European companies pursuing a Bitcoin-focused treasury strategy.
The purchase also comes as Bitcoin remains below its recent local high of $126,000. While the pioneering cryptocurrency consolidates, Capital B has strengthened its broader treasury plans, reinforcing its commitment.
Capital B Makes Its Biggest Purchase Since 2025
Capital B acquired the 376 BTC at a total cost of approximately €25.3 million, including associated expenses. The purchase represents the company’s largest Bitcoin acquisition since September 2025, when it added 551 BTC.
The difference in buying activity is notable. Capital B purchased only six BTC during the previous month, making the latest addition a substantial acceleration in its accumulation program.
Following the transaction, the company’s Bitcoin holdings reached 3,521 BTC. Capital B acquired its total holdings for approximately €309.4 million ($359.3 million), putting the average acquisition cost at about €87,878 ($102,058) per BTC.
Capital B funded the latest purchase using proceeds from recently completed capital raises. Those fundraising efforts included a €28.7 million ($33.3 million) private placement.
Among the participants was Adam Back, who contributed an additional €7.6 million ($8.8 million). His additional participation increased his ordinary stake in Capital B to 17.64%, according to the company’s statement.
The figures show that Capital B is continuing to build its treasury around Bitcoin rather than treating the latest purchase as an isolated acquisition.
Capital B Expands Its European Bitcoin Strategy
The French company was previously known as The Blockchain Group before rebranding as Capital B in July 2025. The change reflected its decision to focus more heavily on a Bitcoin treasury strategy. That strategy could extend beyond simply accumulating BTC.
Capital B said in June that it was exploring a Bitcoin-backed credit product for the European market. The proposed structure would be modeled partly on products associated with Strategy’s STRC and Strive’s SATA.
Such a product would give the company another potential avenue for building financial services around its Bitcoin holdings while expanding its role within Europe’s developing digital-asset market.
The latest purchase therefore fits into a broader strategy that combines a growing Bitcoin reserve with potential financial products linked to that reserve.
Bitcoin itself remained relatively stable around $79,500 when Capital B announced the acquisition. The asset had recently reached $81,700 before pulling back.
Bitcoin Whales Buy 19,696 BTC in 8 Days as Price Drops to $63K
Evans Kelvin
