Bitcoin News Today: Capital B Expands Bitcoin Treasury to 2,013 BTC with €5.9M Acquisition

The Blockchain Group, rebranded as Capital B, has acquired 58 Bitcoin (BTC) for €5.9 million through its Luxembourg subsidiary, expanding its corporate treasury to a total of 2,013 BTC. The transaction, executed at an average price of approximately €101,724 per BTC, reflects the firm’s strategic commitment to positioning Bitcoin as a core treasury asset. This move aligns with broader institutional trends in Europe, where corporations are increasingly allocating capital to digital assets amid macroeconomic uncertainties [1]. The acquisition was facilitated by a recent capital increase and a partnership with French institutional asset manager TOBAM, which supports the company’s ongoing Bitcoin accumulation efforts [1].

The purchase reinforces Capital B’s identity as Europe’s first “Bitcoin Treasury Company,” a designation that underscores its role in normalizing cryptocurrency adoption in corporate finance. CEO Xavier Latil emphasized the transaction as a strategic hedge against inflation and a diversification tool, stating, “This new acquisition… underscores our long-term vision and dedication to establishing Bitcoin as a strategic treasury asset for European companies” [1]. The firm has accelerated its accumulation strategy, with this acquisition following a similar transaction weeks earlier, prioritizing long-term value over short-term market volatility [2].

Capital B’s current Bitcoin holdings, valued at approximately €205 million based on its average purchase price, represent a significant portion of its balance sheet. However, analysts caution that Bitcoin’s historical price volatility means the portfolio’s actual value could fluctuate. The firm’s strategy mirrors broader shifts in corporate treasury management, with companies like MicroStrategy adopting similar approaches to position Bitcoin as a primary reserve asset [1].

The transaction also highlights the role of regulated channels in ensuring compliance and security within financial operations. By leveraging partnerships with institutional entities, Capital B aims to navigate evolving regulatory landscapes while demonstrating transparency. As French and EU authorities refine cryptocurrency regulations, the firm’s public disclosure of its Bitcoin holdings could set a precedent for corporate digital asset reporting [2].

This acquisition reflects a growing institutional demand for digital assets in an environment of shifting monetary policies and inflationary pressures. Capital B’s rebranding from The Blockchain Group in recent years further signals its pivot toward integrating blockchain technology into financial infrastructure. By aligning its business model with the asset class it supports, the firm seeks to capitalize on the expanding institutional interest in Bitcoin [2].

Sources:

[1] [Bitcoin News Today: Capital B Adds 58 BTC for €5.9M](https://www.ainvest.com/news/bitcoin-news-today-capital-adds-58-btc-5-9m-total-holdings-2-013-btc-yields-1-410-ytd-2507/)

[2] [French Firm Capital B Adds 58 Bitcoin to Its Treasury](https://coinpedia.org/crypto-live-news/french-firm-capital-b-adds-58-bitcoin-to-its-treasury/)