Home Capital B Expands Bitcoin Treasury With New $15M BTC Purchase

Capital B Expands Bitcoin Treasury With New $15M BTC Purchase

Share
Capital B Expands Bitcoin Treasury With New $15M BTC Purchase
News
Share

Capital B, a France-listed Bitcoin treasury firm, has increased its Bitcoin holdings again by buying 192 BTC for about $15.2 million.

The company said it bought the latest batch at an average price of about $78,948 per Bitcoin. After this purchase, Capital B now holds 3,135 BTC, making it one of Europe’s top corporate Bitcoin holders.

Alexandre Laizet, Capital B’s Bitcoin strategy director, shared the news soon after the company finished a new fundraising round. The round included investors like Adam Back and Paris-based asset manager TOBAM.

Capital B is now one of the top Bitcoin treasury firms worldwide and is the second largest publicly listed Bitcoin holder in Europe, after Bitcoin Group SE.

This purchase happened while Bitcoin is still well below its all-time highs. While some treasury firms are being more cautious, Capital B is still increasing its Bitcoin exposure.

Even after the announcement, Capital B’s shares fell about 2.4% on Monday and are still much lower for the year. Still, the ongoing buying shows management is confident in Bitcoin’s long-term growth.

Across the Bitcoin treasury sector, companies are taking different approaches. Some, like Strategy, are buying more, while others are hedging risks or cutting back to handle volatility and debt.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

33 Firms From JPMorgan To Coca-Cola Push Back On OKX-ICE Tokenized Stocks
News

33 Firms From JPMorgan To Coca-Cola Push Back On OKX-ICE Tokenized Stocks

33 companies, including JPMorgan Chase, Coca-Cola, AMD, Adobe, and Dell Technologies, formally objected to having their shares tokenized on OKXICE as of...

DTCC Goes Live With Tokenized US Securities On Canton & Besu Blockchains
News

DTCC Goes Live With Tokenized US Securities On Canton & Besu Blockchains

DTCC’s Tokenization Service became official on October 28, bringing 25 US securities (including Equities, ETF’s and Treasuries) on chain, Service is built...

Morpho Targets $5B In Vault Liquidity With New Midnight Adapter In Q4 2026
News

Morpho Targets $5B In Vault Liquidity With New Midnight Adapter In Q4 2026

Morpho plans to launch its Midnight Adapter in Q4 2026, expanding access to fixed-rate lending across more than $5 billion in Vault...

Binance Seeks Brazil Crypto License As 22 Tokens Face Delisting & 8 Services Halt
News

Binance Seeks Brazil Crypto License As 22 Tokens Face Delisting & 8 Services Halt

Binance applied for a Brazilian crypto license through BBrasil ahead of the October 30 regulatory deadline. Brazil’s new crypto rules have led...

Related Articles

Reasons Why The U.S. Tops AI Agent Commerce

The concept of agentic commerce where agents can purchase digital services and...

Do You Need A Cryptocurrency Trading Bot?

The crypto market never closes. Bitcoin can move while you are sleeping,...

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...

How To Build AI Agents From Scratch

Artificial Intelligence (AI) is no longer just about answering questions since AI...