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Capital B strengthens its strategy with the acquisition of 8 bitcoins
Capital B, a company listed on Euronext Growth Paris, has announced the purchase of 8 bitcoins for €0.5 million. These acquisitions are part of its Bitcoin Treasury Company strategy. Since the beginning of the year, the company has posted a bitcoin return of 0.29%, reflecting the change in the number of bitcoins held relative to the number of shares issued on a diluted basis.
Capital B currently holds a total of 2,844 bitcoins, acquired for a combined total of €264.4 million, with an average cost of €92,971 per bitcoin. This strategy aims to increase the number of bitcoins per share.
The recent completion of a capital increase of 0.6 million euros at 0.71 euros per share with TOBAM helped to finance these acquisitions, illustrating the company's continued progress in expanding its bitcoin assets.
R. E.
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