Capital B acquired 376 BTC for €25.3 million, bringing its total holdings to 3,521 BTC. The European firm, formerly known as The Blockchain Group, is now within 84 BTC of Bitcoin Group SE, Europe’s current leader with 3,605 BTC. The purchase was funded through a €21 million capital placement that included a €7.6 million investment from Adam Back, CEO of Blockstream. The company has been on a Bitcoin buying spree since November 2024, positioning itself as Europe’s first Bitcoin Treasury Company. Capital B reports a year-to-date BTC Yield of 2.17%, with Bitcoin custody handled by Swissquote Bank Europe.
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