Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Bitcoin: Capital B Makes Its Biggest Purchase in a Year With 376 BTC

Bitcoin: Capital B Makes Its Biggest Purchase in a Year With 376 BTC

CointribuneCointribune2026/09/07 23:09
By:Cointribune

The digital treasury market is experiencing a movement in France. Capital B has just announced a major acquisition, financed by several fundraisings. The company purchased 376 BTC for 25.3 million euros, approximately 29.4 million dollars. This operation is its biggest purchase in a year. It now brings its reserves to 3,521 units. This announcement comes as bitcoin trades around 79,500 dollars, after a peak near 81,700 dollars.

Bitcoin: Capital B Makes Its Biggest Purchase in a Year With 376 BTC  image 0

In brief

  • Capital B purchased 376 BTC for 25.3 million euros, approximately 29.4 million dollars.
  • This acquisition constitutes its biggest BTC purchase since September 2025.
  • The company now holds 3,521 BTC, acquired for a total of 309.4 million euros.
  • The operation was notably financed by a private placement of 28.7 million euros.

Capital B strengthens its reserves in BTC

The French company Capital B has dedicated 25.3 million euros to the acquisition of 376 BTC. This operation represents its most important purchase since September 2025. At that date, the company had added 551 BTC to its treasury. Last month, it had purchased only 6 BTC.

After this acquisition, Capital B holds 3,521 BTC in total. The company states in its press release that it has dedicated 309.4 million euros to its purchases. The average price reaches 87,878 euros per bitcoin, approximately 102,058 dollars. These figures provide a clear benchmark on the financial effort.

The operation notably relies on raised funds. Capital B cites a private placement of 28.7 million euros to finance its strategy. This fundraising included an additional investment of 7.6 million euros made by Adam Back. His stake now reaches 17.64%.

A strategy focused on bitcoin

Capital B was formerly known as The Blockchain Group. The company adopted this name in July 2025 to focus its strategy on the bitcoin treasury. In June, it had announced it was studying a bitcoin-backed credit product for the European market. The project draws inspiration from STRC and SATA products.

This focus adds a new dimension to its digital reserve. Monday’s acquisition strengthens this strategy, with more BTC. The credit project could also gradually expand the use of this reserve. At this stage, the company remains at the study phase.

Over the past 24 hours, bitcoin has remained almost stable on the market. Its price was around 79,500 dollars on Monday, after about 81,700 dollars on Thursday. The decline from this local peak accompanies Capital B’s announcement. BTC’s value remains central to tracking its reserves.

Capital B now displays 3,521 BTC after its biggest purchase since September 2025. The company is continuing its accumulation strategy, while its credit project remains under study. In the short term, the evolution of bitcoin and its acquisitions will be the main elements to follow.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.


0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Once the Federal Reserve starts the rate hike cycle, is "three consecutive hikes" a reasonable expectation?

BMO expects consecutive rate hikes in October and December, with a total of three increases potentially wiping out all rate cut gains for 2025. Vanguard believes "three consecutive hikes" is a reasonable starting point, but the actual number could be as high as six. There are historical exceptions: in 1997, the Federal Reserve raised rates only once and took no further action for the following 18 months. Meanwhile, trillion-dollar debt financing by AI giants, private credit exposure in the insurance industry, and the 10-year U.S. Treasury yield approaching 5% are the most dangerous pressure points in this rate hike cycle.

华尔街见闻2026/09/12 01:26

Goldman Sachs Also Changes Its Tune: The Fed Will Raise Interest Rates Next Week!

Goldman Sachs has shifted from predicting a rate hold to betting on a 25 basis point hike next week, stating that this change is not due to particularly bad inflation data—the August CPI was not perfect, but it wasn’t alarming either. The real key is that hawkish comments from Waller have already shaped market expectations: "If the inflation data isn’t perfect, there will be a rate hike." If the Federal Reserve backs down now, its credibility will suffer a serious blow and long-term interest rates could react sharply and immediately.

华尔街见闻2026/09/12 01:11