Capital B, the Euronext Development-listed firm that payments itself as Europe’s first bitcoin treasury firm, has raised €21 million ($24 million) in a personal placement backed by Blockstream’s Adam Again and asset supervisor TOBAM — cash it says might purchase 270 extra bitcoin and push its stack to roughly 3,415 BTC.
The corporate mentioned Friday {that a} complete of 36,219,070 shares had been bought at €0.58 every as a part of the deal, a 6.45% low cost to Wednesday’s closing worth.
Capital B mentioned the online proceeds are anticipated to achieve about €19.9 million after charges and transaction prices.
Capital B is the twenty seventh largest publicly traded bitcoin treasury on the planet, based on Bitcoin Treasuries, with a complete of three,145 bitcoins in its stash — price $245 million at as we speak’s bitcoin worth of $77,960.
Capital B, which describes itself as Europe’s first bitcoin treasury, constructed a lot of that place by means of fundraising rounds throughout the first half of 2026.
In Might, it acquired 192 cash for €13 million after finishing three capital raises.
Capital B’s announcement as different treasuries look to lift funds and speed up their buys. Simply this week, NYSE-listed AI-powered schooling firm Genius Group mentioned it was aiming to construct parallel AI and bitcoin treasuries price a mixed $1.6 billion, after the corporate bought its total bitcoin reserves to repay $8.5 million in debt.
Bitcoin treasuries have confronted headwinds since 2025 when the value of the main cryptocurrency took a success. A lot of firms within the area have needed to liquidate their holdings, together with the most important company holder of bitcoin, Nasdaq-listed Technique.
