Key Highlights
- Capital B acquired 192 BTC for 13 million euros ($15.2 million), bringing total reserves to 3,135 BTC.
- The average acquisition cost stood at $78,948 per Bitcoin, according to Alexandre Laizet.
- This transaction came after securing $17.8 million from investors including Adam Back and TOBAM.
- An additional $1.28 million funding from Adam Back arrived on May 4 to bolster treasury operations.
- The firm holds the 25th position globally among Bitcoin treasury companies and ranks second in Europe.
Capital B has strengthened its Bitcoin holdings through the acquisition of 192 BTC valued at 13 million euros ($15.2 million). This strategic purchase elevates the company’s total reserves to 3,135 BTC. The move follows successful capital raising efforts and reinforces the firm’s standing among Europe’s premier Bitcoin treasury operators.
Bitcoin reserves climb to 3,135 BTC after strategic acquisition
Capital B confirmed its acquisition of 192 BTC, paying an average of $78,948 for each coin. Alexandre Laizet, who oversees Bitcoin strategy at Capital B, shared these figures on X.
Laizet noted, “Capital B purchased its latest tranche at an average price of about $78,948 per Bitcoin.”
The transaction pushed the company’s Bitcoin treasury to 3,135 BTC. Financing for this purchase came from a $17.8 million capital raise completed the previous week. Key participants in this funding round included Blockstream CEO Adam Back and TOBAM, a Paris-based asset management firm. Back provided an additional $1.28 million investment on May 4.
Strategy executed a $43 million Bitcoin purchase last Monday. Strive committed $33 million to BTC on May 4. The Smarter Web Company allocated $4.9 million toward Bitcoin during this same timeframe.
Capital B occupies the 25th spot among global Bitcoin treasury companies based on holdings. BitcoinTreasuries data shows Germany’s Bitcoin Group SE leading Europe with 3,605 BTC. The current market value of Capital B’s Bitcoin position approximates $277 million.
Capital B shares dropped approximately 2.4% following Monday’s announcement. Trading activity placed the stock near 0.62 euros during reporting hours. Year-to-date performance shows a 17% decline, while the annual view reveals losses exceeding 68%.
Treasury firms adapt approaches amid market volatility
Bitcoin presently trades 39% beneath its peak of $126,198 achieved in October 2025. Several treasury-oriented enterprises have modified their balance sheet approaches. These adjustments help manage exposure during periods of price fluctuation.
On April 24, Nasdaq-listed Nakamoto introduced an actively managed Bitcoin derivatives initiative. This program seeks to produce recurring revenue from volatility while protecting portions of holdings. Nakamoto disclosed the sale of 284 BTC valued at approximately $20 million in a March 30 regulatory filing.
During February, Genius Group liquidated its final 84 BTC for roughly $5.7 million. These funds addressed an $8.5 million debt obligation. The filing verified that Genius Group has exited Bitcoin treasury operations entirely.
Capital B maintains its position as Europe’s second-largest Bitcoin treasury operator by total holdings. Within the region, only Bitcoin Group SE surpasses the company. The most recent acquisition establishes the firm’s holdings at 3,135 BTC as of the announcement date.
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