Capital B Acquires Additional 58 BTC, Totaling 2,013 BTC
- Capital B acquires 58 BTC, totaling 2,013 BTC.
- Funding provided by Adam Back and TOBAM.
- BTC valued over €200 million following purchase.
Capital B, a Paris-listed firm, recently acquired 58 Bitcoin, increasing its holdings to 2,013 BTC as of July 28, 2025.
This illustrates Capital B’s commitment to Bitcoin as a strategic treasury asset, signaling strong institutional support in Europe.
Capital B
Capital B, a Paris-listed company formerly known as The Blockchain Group, has confirmed its acquisition of 58 BTC. This move increases its total Bitcoin holdings to 2,013 BTC as of July 28, 2025.
Xavier Latil, the CEO of Capital B, emphasized the strategic importance of Bitcoin as a treasury asset. Capital B’s recent capital increases facilitated by Adam Back and TOBAM enabled this acquisition.
“This new acquisition, made possible by the strong backing of our partners and investors, underscores our long-term vision and dedication to establishing Bitcoin as a strategic treasury asset for European companies.” — Xavier Latil, CEO, Capital B
The acquisition has significant implications for the cryptocurrency market, particularly in Europe. Capital B’s strategy resembles that of companies like MicroStrategy in using Bitcoin as a primary treasury asset.
Financial impact includes BTC’s valuation surpassing €200 million. The acquisition was funded by a €6.6 million capital raise. No adverse regulatory reactions have been noted from EU authorities.
Industry experts view Adam Back’s involvement as a significant indicator of institutional support for Bitcoin as a treasury asset.
This move by Capital B could bolster Bitcoin’s acceptance in corporate treasuries across Europe, with potential regulatory alignment facilitating cryptocurrency adoption for treasury management.
