Bitcoin News Today: Capital B Boosts Bitcoin Holdings to 2,201 BTC Valued at €217.3M

Generated by AI AgentCoin World
Monday, Aug 11, 2025 11:47 am ET1min read
Aime RobotAime Summary

- Capital B adds 126 BTC, totaling 2,201 BTC valued at €217.3M.

- Institutional investors and bond conversions fund the expansion, boosting holdings 1,519.5% YTD.

- Stock outperforms Bitcoin with 2,275% returns, leading European crypto adoption as a treasury model.

- Analysts warn of forced sales risks, but 287+ firms now hold 3.64M BTC, reflecting institutional demand shift.

Capital B, a publicly traded

treasury company listed on Euronext Growth Paris under the ticker ALCPB, has added 126 Bitcoin to its corporate holdings, bringing the total to 2,201 BTC. This acquisition, valued at approximately €12.4 million, elevates the company’s Bitcoin treasury to a market value of around €217.3 million at current prices. At the time of purchase, the holdings were valued at €201.5 million, reflecting a growing average cost per Bitcoin of €91,568.

The firm financed the latest purchase through strategic capital raises totaling €13.7 million, with institutional investors Peak Hodl Ltd and TOBAM contributing €8.7 million and €5 million, respectively. These funds enabled the acquisition of 80 and 46 Bitcoin, marking a continuation of Capital B’s aggressive accumulation strategy. In addition, the firm benefited from bond conversions, including TOBAM’s conversion of 1.5 million bonds into 2.1 million ordinary shares and Fulgur Ventures’ conversion of 4.76 million bonds into 8.75 million ordinary shares, demonstrating ongoing institutional confidence in the company’s Bitcoin-focused model [1].

Since November 2024, when Capital B held only 15 BTC, the company has systematically increased its Bitcoin holdings through multiple financing rounds in 2025. The acquisition pace has accelerated, with holdings rising from 620 BTC in March 2025 to 1,788 BTC by June, and now 2,201 BTC. This rapid accumulation has led to a 1,519.5% year-to-date BTC yield and an 18.1% quarterly return, highlighting the effectiveness of its strategy [2].

The company’s performance has outpaced Bitcoin’s gains, with its stock delivering 2,275% returns compared to Bitcoin’s 58% increase during the same period. This has positioned Capital B as one of Europe’s first publicly traded Bitcoin treasury firms and a key player in the evolving institutional crypto landscape [3].

Capital B has also authorized up to €300 million in additional capital increases through its Luxembourg subsidiary, suggesting long-term ambitions to expand its Bitcoin holdings. The firm’s share capital has expanded to 163.1 million outstanding shares, with fully diluted shares reaching 331.2 million, including all convertible instruments and warrants [4].

Industry analysts have, however, raised concerns about the sustainability of corporate Bitcoin treasury strategies. Some warn that sharp declines in Bitcoin prices could lead to forced sales and self-reinforcing market downturns. Others question the long-term viability of at-the-market share programs that may dilute shareholder value when stock prices approach Bitcoin net asset values [5].

Despite these risks, the broader trend of corporate Bitcoin treasury adoption continues, with over 287 companies now collectively holding more than 3.64 million Bitcoin. This reflects growing institutional demand and a shift in corporate asset allocation strategies, particularly in Europe, where firms are increasingly adopting a model similar to MicroStrategy’s pioneering approach [6].

Source:

[1] https://cryptonews.com/news/french-capital-b-adds-126-btc-to-treasury-holdings-reach-2201-bitcoin-worth-233m/