€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.
€28.7 million private placement
Alongside the ATM offering, Capital B closed a private placement worth €28.7 million. Private placements involve selling securities directly to select investors rather than the broader public market, and this raise represented the bulk of the fresh capital behind the company’s newest Bitcoin purchase.
Significant Bitcoin acquisition by Capital B
With capital in hand, Capital B moved quickly into the market. This latest Capital B Bitcoin acquisition adds meaningfully to a treasury strategy the company has been building for some time, reinforcing its position among corporate holders of the asset.
Acquisition of 376 $BTC for €25.3 million
Capital B acquired 376 $BTC for €25.3 million in the transaction tied to this financing round. At that price, each coin cost the company roughly €67,300, though that figure applies only to this specific purchase and sits below the company’s broader average cost per coin.
Aggregate Bitcoin holdings now total 3,521 $BTC
Following the purchase, Capital B and its subsidiary now hold a combined 3,521 $BTC. That places the firm among the more visible corporate Bitcoin holders in Europe, and the scale of the position underscores how central Bitcoin accumulation has become to the company’s balance-sheet strategy.
Investment cost and valuation metrics
Beyond the headline coin count, the numbers behind Capital B’s total position reveal how much capital has gone into building it. The aggregate acquisition cost across all of the company’s Bitcoin holdings comes to €309.4 million, a figure that reflects every purchase made to date, not just the latest one.
Aggregate acquisition cost of €309.4 million
That €309.4 million total represents the cumulative amount Capital B and its subsidiary have spent building their combined 3,521 $BTC position. It’s a useful benchmark for tracking how the company’s cost basis evolves with each new purchase.
Average cost per Bitcoin of €87,878
Dividing that aggregate cost across the full holding gives an average acquisition price of €87,878 per $BTC. That blended average sits above the price paid in the most recent 376 $BTC purchase, which suggests this latest round of buying came in at a discount relative to the company’s historical average entry point.
Why this matters: for companies pursuing a Bitcoin treasury strategy, the gap between recent purchase prices and long-run average cost offers a window into timing and conviction. A newer purchase landing below the average cost basis can lower a company’s overall exposure risk, even as the total dollar amount committed to the asset keeps climbing. It’s also a signal watched closely by shareholders and market analysts trying to gauge whether corporate Bitcoin buyers are averaging in smartly or simply adding size regardless of price.
FAQ
How much Bitcoin has Capital B acquired recently?
Capital B acquired 376 $BTC for €25.3 million, increasing total holdings to 3,521 $BTC.
What were the recent capital raises completed by Capital B?
Capital B completed a €1.44 million ATM offering and a €28.7 million private placement.
What is the average acquisition cost per Bitcoin for Capital B?
The average cost per Bitcoin is €87,878 based on aggregate acquisition costs.
What is the total investment value for Capital B’s Bitcoin holdings?
The aggregate acquisition cost for all Bitcoin holdings is €309.4 million.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.
