Capital B Acquires Additional 6 BTC and Shows Growth in BTC Holdings

Capital B, known for its innovative approach to managing Bitcoin as a corporate treasury asset, has confirmed the acquisition of an additional 6 Bitcoins for €0.3 million. This acquisition builds on their strategy as Europe's pioneering Bitcoin Treasury Company, which now holds a total of 2,834 BTC valued at €263.8 million. The average purchase price per Bitcoin stands at €93,083, aligning with their strategic objectives to increase Bitcoin holdings over time.

The acquisition is part of a broader capital increase effort, facilitated through an "ATM" type contract with TOBAM, securing a capital increment of €0.4 million at €0.67 per share. Furthermore, the company reported a BTC Yield of 0.2% Year-To-Date (YTD), alongside a BTC gain of 5.3 BTC YTD, reflecting the organization's steady performance amidst Bitcoin's price volatility.

This growth underscores Capital B's commitment to leveraging digital assets within its financial strategy, maintaining focus on its long-term goal of enhancing its Bitcoin Treasury reserves.