Capital B Bitcoin acquisition adds 376 BTC, lifts holdings to 3,521

Capital B has pulled off a rare double play in the Bitcoin treasury world: raising fresh capital and putting it straight to work buying Bitcoin within the same announcement. The company confirmed a Capital B Bitcoin acquisition of 376 BTC, funded through a combination of financing tools that together raised more than €30 million, pushing its total holdings past the 3,500-coin mark.

Key takeaways

• Capital B completed a €1.44 million ATM offering and a €28.7 million private placement to fund new purchases.
• The company bought 376 BTC for €25.3 million, expanding its treasury position.
• Capital B and its subsidiary now hold a combined 3,521 BTC.
• The aggregate acquisition cost for all holdings stands at €309.4 million, or an average of €87,878 per Bitcoin.

Capital B completes major capital raises

Capital B secured the funds behind its latest Bitcoin purchase through two separate financing channels, not one. That distinction matters, because it shows the company tapping both a smaller, ongoing capital tool and a larger, one-time placement to build up dry powder for acquisitions.

€1.44 million ATM offering

The company completed an at-the-market, or ATM, offering worth €1.44 million. ATM offerings let a company sell shares gradually into the open market rather than through a single fixed-price sale, giving it flexibility to raise smaller amounts of cash without disrupting its stock price.