The French bitcoin treasury company Capital B announced Monday it acquired 376 BTC for €25.3 million ($29.4 million), its largest bitcoin purchase in a year. This acquisition brings its total holdings to 3,521 BTC, purchased at an average price of €87,878 ($102,058) each. The purchase was funded by proceeds from recent capital raises, including a €28.7 million private placement. Adam Back also invested an additional €7.6 million, bringing his stake to 17.64%.
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