Capital B, the listed arm of The Blockchain Group, has confirmed the acquisition of 12 bitcoins as it continues to build its investment strategy focused on the digital asset.
The company said it spent €0.8 million on the purchase, bringing the total amount to 2,937 BTC. The group’s total acquisition cost stands at €270.1 million, with an average purchase price of €91,975 per bitcoin, according to a note shared with it. Bitcoin Magazine.
The latest purchase follows a string of transactions since early 2026, with the company reporting a year-to-date BTC yield of 1.57%. It also posted a BTC profit of 44.4 BTC and a BTC profit of 2.9 million euros during the same period. Quarterly figures show a yield of 0.85% and a profit of 24,4 BTC.
Last week, the company confirmed the purchase of 37 BTC for €2.3 million, with a reference price of 60,892 per coin, as part of the ongoing Bitcoin Treasury strategy.
In addition to the acquisition, Capital B has completed several financing moves consistent with its treasury strategy.
The company confirmed the full exercise of 16.6 million BSA 2025-01 warrants, which converted into 2.36 million ordinary shares. The transaction raised approximately €1.29 million. The company noted that the warrants expire on April 10, 2026, and any unused rights are now void.
Capital B is also raising funds under its market agreement with TOBAM. The issuance of 370,701 new shares at a nominal value of 0.60 Euro generated €0.22 million. The price reflects a discount to the most recent market close, based on the contract’s pricing method consistent with trading volumes and estimates for the previous day.
The income from these activities has 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 the growing trend among public firms to capitalize on bitcoin as a reserve asset.
The custody and execution of the latest purchase was handled by Swissquote Bank Europe SA, with assets secured by an infrastructure provided by Taurus.
Capital B operates subsidiaries specializing in data analytics, artificial intelligence, and decentralized technology consulting. Its shares trade on Euronext Growth Paris.
The company’s capital structure reflects a mix of institutional and public investors, including Blockstream Capital Partners, TOBAM funds, and other shareholders. Following recent transactions, total shares outstanding stand at approximately 274.9 million on a common basis and 394.8 million on a fully diluted basis.
Earlier today, Strategy (MSTR) added 34,164 BTC for $2.54B, its third largest purchase, bringing the total holding to 815,061 BTC acquired at an average cost of about $75,527 per coin. The move pushed the company ahead of BlackRock’s total Bitcoin holdings, whose position is now nearly frozen even as BTC trades around $75,000.
Disclaimer: Bitcoin Magazine is owned by Nakamoto Inc. (NASDAQ: ATTENTION). Nakamoto Inc. also owns UTXO Management. UTXO Management invests in Capital B.
