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Capital B Buys 12 Bitcoin for €0.84 Million, Boosting Treasury to 3,550 BTC

Paris-listed Capital B has expanded its treasury reserves to 3,550 Bitcoin following the acquisition of an additional 12 BTC for €0.84 million. The purchase, completed at an average price of €70,295 per coin, brings the company's total cumulative capital deployed to €311.5 million with an average cost basis of €87,746 per Bitcoin. The transaction was funded by issuing 147,176 ordinary shares at €5.90 per share, fully exhausting its at-the-market equity program with TOBAM. Capital B reported a year-to-date BTC Yield of 2.23% and a BTC Gain of 63 BTC.

Category

Bitcoin

Sentiment

Bullish

Event

Corporate action

Reading time

1 min