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Capital B Increases its Investments in Bitcoin
Capital B has confirmed the acquisition of 192 bitcoins for €13 million, bringing its total holdings to 3,135 bitcoins. These transactions are part of the group's Bitcoin Treasury Company strategy, with an average acquisition cost of €90,451 per bitcoin and a total value of €283.6 million.
The group also completed significant fundraising, including a €0.85 million capital increase and a €15.2 million share issue. The capital increase strategies involved reputable investors such as Adam Back and TOBAM.
In terms of performance, Capital B reports a 'BTC Yield' of 1.82% since the beginning of the year. The company uses these metrics to assess the success of its Bitcoin investment strategy.
R. P.
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