This followed Capital B raising €21 million from institutional investors to expand its BTC holdings, with Adam Back and TOBAM supporting.
- Capital B, a French Bitcoin Digital Asset Treasury (DAT), has acquired 376 BTC for €25.3 million, increasing its total holdings to 3,521 BTC.
- This purchase, made at an average price of €67,182 per BTC, lowered Capital B's overall acquisition cost and moved it ahead of Sweden's H100 Group in terms of Bitcoin holdings among publicly traded companies.
- The company raised €21 million from institutional investors, including Adam Back and TOBAM, to support its BTC expansion strategy, indicating a growing trend of European companies building Bitcoin treasuries.
Topics: Institutional adoption, Asset types, Public market, Asset manager initiatives, Bitcoin treasuries, Corporate treasury strategy
Tags: #bitcoin #capitalb #btc #digitalassettreasuries #institutionalinvestors #adamback #tobam #h100group #bitcoingroupse #corporateholdings
No comments:
Post a Comment