Key Highlights
- European bitcoin treasury firm Capital B works on bitcoin-backed credit offering.
- Product design follows successful models from Strategy’s STRC and Strive’s SATA structures.
- Target performance includes double-digit returns with single-digit volatility management.
- Capital B maintains 3,139 BTC treasury holdings as foundational collateral.
- Alexandre Laizet reports investor demand for digital credit solutions grew by 1,000% year-over-year.
Capital B moves forward with plans to introduce a bitcoin-collateralized credit solution designed specifically for European markets. The Paris-based firm, publicly traded on Euronext Growth Paris, looks to replicate successful bitcoin-linked credit structures already active in American markets. Executive Alexandre Laizet outlined goals to achieve double-digit annual returns while maintaining volatility within single-digit parameters.
European Investors Gain New Bitcoin Credit Access
During a conversation with The Block at BTC Prague, Laizet outlined the strategic rationale behind the initiative. He explained that Capital B seeks to overcome persistent obstacles European investors encounter. According to Laizet, burdensome taxation frameworks, security infrastructure gaps, and legacy regulatory systems create barriers to market participation.
“Our role, our responsibility, is to provide for a solution in Europe,” Laizet said.
He emphasized the firm’s commitment to developing a digital credit solution tailored to regional requirements. Laizet suggested the offering could reshape existing market structures.
The credit instrument will derive its backing from Bitcoin holdings held in company reserves. Capital B currently manages a treasury of 3,139 BTC. The organization trades publicly under the symbol ALCPB.
Laizet explained that bitcoin treasury operations enable compelling yield generation through strategic balance sheet management. He noted conventional financial instruments typically depend on projected cash flows extending decades into the future. Bitcoin reserves, he contended, already embody comparable long-duration value.
“A Bitcoin treasury company already has 40-50 years of cash flows on its balance sheet today,” Laizet explained. He further noted that bitcoin assets have demonstrated annual appreciation ranging from 30% to 60% historically. Capital B anticipates this fundamental structure will underpin the proposed financial instrument.
Treasury Operations Enable Yield Distribution
Laizet referenced recent maneuvers by Strategy to illustrate operational mechanics. He noted the firm divested 32 BTC to fulfill STRC dividend commitments, then subsequently purchased 1,587 BTC.
He characterized such transactions as demonstrations of how treasury-focused companies can sustain yield-bearing products. Laizet attributes structural viability to bitcoin’s appreciation trajectory. He also highlighted surging institutional appetite for digital asset credit vehicles.
Capital B has experienced substantial expansion in prospective investor engagement. Laizet indicated that inquiry volume climbed by a factor of ten compared to the previous year. He attributed this acceleration to broadening acceptance of bitcoin-collateralized financial instruments.
The executive openly addressed potential vulnerabilities associated with the planned offering. He mentioned bitcoin price depreciation, custodial arrangements, and counterparty dependencies. Nevertheless, he stressed that Capital B collaborates with regulated banking institutions to oversee operational execution.
“There is risk of execution, there is a risk of custody,” Laizet said.
He noted that Capital B assembles expertise across capital markets operations, technological infrastructure, and corporate financial strategy. Laizet refrained from specifying a definitive launch timeline for the instrument.
Capital B positions itself as Europe’s premier bitcoin treasury organization. The company’s investor base includes prominent Bitcoin advocates such as Adam Back and Fulgur Ventures. Published strategic objectives outline accumulation targets of 15,000 BTC by 2027 and acquisition of 1% of bitcoin’s maximum supply by 2033.





