Capital B, a Bitcoin treasury company listed in France, stated on Monday that it has increased its holdings to 3,135 BTC after purchasing 192 BTC for 13 million euros ($15.2 million). According to Capital B’s Bitcoin strategy head Alexandre Laizet, who spoke on X, the firm paid an average of about $78,948 per Bitcoin when it bought its most recent tranche.
The purchase follows the company’s announcement one week ago that it had raised $17.8 million from strategic investors, including TOBAM, an asset management company located in Paris, and Blockstream CEO Adam Back. Additionally, on May 4th, Capital B received $1.28 million from Back.
Reinforcing Growing Corporate Appetite
So far in May, four crypto treasury firms have gone public with their Bitcoin acquisitions, and Capital B is among them. Strive added $33 million in Bitcoin on May 4, Strategy, the biggest publicly listed Bitcoin holder, stated last Monday that it acquired $43 million in Bitcoin, and The Smarter Web Company bought $4.9 million in Bitcoin.
Despite Bitcoin’s ongoing decline from its all-time high in October 2025, this acquisition shows that a small number of public firms are interested in Bitcoin treasury strategies. Following Monday’s news, Capital B shares dropped by 2.4% and were trading at about 0.62 euros as of this writing.
Yahoo! Finance reports that the stock price of the firm has fallen more than 68% in the last year and 17% so far this year. According to statistics from BitcoinTreasuries, Capital B is the second-largest Bitcoin treasury business in Europe, with 3,605 BTC, which is presently worth roughly $277 million. This places it at number 25 in terms of overall holdings.
The other Bitcoin treasury businesses are aiming to lessen the risks to their balance sheets caused by Bitcoin, which is now 39% lower than its all-time high of $126,198.