Capital B, Europe’s first listed Bitcoin treasury company, has significantly increased its holdings. The company purchased an additional 48 BTC for $5.6 million. This strategic move comes as Bitcoin’s price confidently trades above $116,000.
Breaking Down the $5.6 Million Purchase
Capital B funded this acquisition through a series of successful capital raises. The company strategically issued new shares to investors specifically interested in Bitcoin exposure.
- First, a capital raise of $2.12 million funded the purchase of 17 BTC.
- Next, the TOBAM Bitcoin Alpha Fund fully subscribed to a $2.94 million round, allowing for the acquisition of 24 BTC.
- Finally, Fulgur Ventures invested $824,000, which was used to buy 7 more BTC.
This method proves that strong investor demand exists for corporate Bitcoin strategies.
A Highly Successful Bitcoin Strategy
This accumulation is part of a larger, highly effective strategy. In fact, Capital B has reported an astounding 1,536.6% bitcoin yield since the start of 2025. This performance has generated over 614 bitcoins and $71.3 million in profit.
Following these latest purchases, the company’s total treasury now stands at 2,249 BTC. The average purchase price per coin is $107,902. Furthermore, Capital B plans another capital increase to buy approximately 18 more bitcoins soon.
Bitcoin Price Holds Strong Amid Debate
Currently, Bitcoin is trading strongly above $116,000. It is holding well above its key 20-day and 50-day moving averages, indicating bullish momentum. This strength persists despite criticism from skeptics.
Noted economist Peter Schiff recently warned that Bitcoin could be “topping out.” He argues that the cryptocurrency has underperformed compared to gold and major stock indices like the S&P 500. Schiff also cautions that potential Federal Reserve interest rate cuts could be a policy mistake if inflation remains high.
Conclusion: Institutional Demand Continues
However, the actions of firms like Capital B tell a different story. Their multi-million dollar commitment demonstrates that institutional craze for Bitcoin is far from over. For many, BTC remains a premier asset for corporate treasuries.
