Capital B, listed arm Blockchain Group has confirmed the acquisition of 12 bitcoins, as it continues to build its treasury strategy focused on the digital asset.
The company said it spent 0.8 million euros on the purchase, bringing its total holdings to 2,937 bitcoins. The group’s total acquisition cost is €270.1 million, with an average purchase price of €91,975 per bitcoin, according to a note shared with Bitcoin Magazine.
Latest purchase tracking a A series of transactions Since early 2026, the company has announced a year-to-date BTC return of 1.57%. It also recorded a BTC gain of 44.4 BTC and a BTC-denominated gain of €2.9 million during the same period. The quarterly numbers show a return of 0.85% and a gain of 24.4 BTC.
Last week the company certain Purchased 37 Bitcoins for €2.3 million, at a reference price of €60,892 per coin, as part of an ongoing Bitcoin treasury strategy.
Alongside the purchase, Capital B has completed several financing actions linked to its treasury strategy.
The company confirmed the full execution of 16.6 million BSA Warrants 2025-01, which were converted into 2.36 million common shares. The deal raised about 1.29 million euros. The company indicated that the guarantees expired on April 10, 2026, and that any rights that were not exercised are now void.
Capital B has also raised capital under a market agreement with TOBAM. The issuance of 370,701 new shares at an average price of €0.60 generated €0.22 million. The price reflects a discount to the last market close, based on a convention pricing mechanism linked to the previous day’s trading volumes and parameters.
Proceeds from these operations supported the recent acquisition of Bitcoin.
Bitcoin as a reserve asset for Capital B
The company positions itself as a Bitcoin treasury company, with the stated goal of increasing the amount of Bitcoin held per fully diluted share over time. Its model reflects a growing trend among public companies allocating capital to Bitcoin as a reserve asset.
The latest purchase was sponsored and executed by Swissquote Bank Europe SA, with the assets secured through infrastructure provided by Taurus.
Capital B operates subsidiaries focused on data intelligence, artificial intelligence, and decentralized technology consulting. Its shares are traded on the Euronext Growth Paris stock exchange.
The company’s capital structure reflects a mix of institutional and public investors, including Blockstream Capital Partners, TOBAM funds, and other shareholders. After the recent transactions, the total shares outstanding were approximately 274.9 million shares on a common basis and 394.8 million shares on a fully diluted basis.
Earlier today, Strategy (MSTR) He added 34,164 BTC for $2.54 billion, the third largest purchase, bringing the total holdings to 815,061 BTC acquired at an average cost of approximately $75,527 per coin. The move has pushed the company past BlackRock in total Bitcoin holdings, with its position now nearly at par with Bitcoin trading at around $75,000.
Disclaimer: Bitcoin Magazine is owned by Nakamoto Inc. (NASDAQ:NAKA). Nakamoto also owns and manages UTXO. UTXO management invests in Capital B.
