MultiversX Tracker is Live!

Capital B boosts Bitcoin reserves with $15.2M purchase

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 52 Views

Capital B boosts Bitcoin reserves with $15.2M purchase

The 25th-largest Bitcoin treasury company acquired $15 million worth of BTC as one of only four treasury firms to announce a corporate Bitcoin investment during May.

France-listed Bitcoin treasury company Capital B announced Monday that it acquired 192 BTC for 13 million euros ($15.2 million), bringing its total holdings to 3,135 BTC.

Capital B purchased its latest tranche at an average price of about $78,948 per Bitcoin, Alexandre Laizet, Bitcoin strategy director at Capital B, said on X.

The acquisition comes a week after the company announced a $17.8 million raise from strategic investors, including Blockstream CEO Adam Back and Paris-based asset manager TOBAM. Capital B also raised $1.28 million from Back on May 4.

Read more


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments