Overview
- Capital B completed the purchase of 376 BTC for €25.3 million on Monday, raising its company‑reported strategic reserve to 3,521 BTC and lowering the average cost of the latest tranche to about €67,200 per coin.
- The buy was funded from roughly €30.1 million in completed raises that included two private placements and a €1.44 million capital increase with institutional investors such as Adam Back and TOBAM.
- Swissquote Bank Europe executed the trade and custody is provided via Taurus technology, showing the company used regulated bank execution and specialist custody for the acquisition.
- A 10‑for‑1 reverse stock split takes effect on Sept. 8 and large tranches of newly issued warrants could, if exercised, provide substantial further capital while diluting existing shareholders under altered conversion terms.
- Capital B reports a year‑to‑date BTC Yield of 2.17% and an aggregate acquisition cost of €309.4 million for its treasury; the move keeps the company near the top of European public Bitcoin holders and signals continued use of equity markets to buy Bitcoin.