Bitcoin Magazine

Capital B Buys 376 Bitcoins in Its Biggest Purchase of 2026

European bitcoin treasury Capital B has announced a BTC buy, snapping up 376 coins — one week after it said Blockstream boss Adam Back was investing in the company. 

The Euronext Growth-listed company said Tuesday that it now owns 3,521 bitcoins — worth over $277 million at today’s prices — making it the 25th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries data. 

Capital B’s buy was for €25.3 million (over $29 million), according to its announcement. 

Capital B confirms the acquisition of 376 BTC for €25.3 million, the holding of a total of 3,521 BTC, and a BTC Yield of 2.17% YTD

Full Release (EN): https://t.co/PQDwqfWX9a

Full Release (FR): https://t.co/SrVf8lvp8Q

BTC Strategy (EN): https://t.co/P5j3GA76kt

— Capital B (@_ALCPB) September 7, 2026

Just last week, the company said that top bitcoiner Adam Back, who heads up bitcoin infrastructure company Blockstream, had invested €7.6 million ($8.8 million) in Capital B to help with its buys. 

The firm in August said it had raised €21 million ($24 million) in a private placement backed by Back and asset manager TOBAM. 

The bitcoin treasury’s stock was trading 2% lower on Tuesday. 

Capital B built most of its bitcoin position through fundraising rounds during the first half of 2026. 

In May, it snapped up 192 coins for €13 million after completing three capital raises.

The company, which calls itself “Europe’s first Bitcoin treasury company,” is trying to build a bigger bitcoin position as other treasuries look to raise funds and accelerate their buys. 

Capital B says on its website that it wants to eventually hold 210,000 bitcoins. “Our objective is simple: accumulate 1% of Bitcoin’s total supply by 2033,” it reads. 

Digital asset treasuries became big in 2025 as more publicly traded companies tried to follow in the footsteps of Nasdaq-listed Strategy (formerly MicroStrategy), which started buying bitcoin in 2025. 

Hundreds of publicly traded companies started buying bitcoin — with many buying other cryptocurrencies — to boost their stock prices. But since the price of bitcoin started dropping, a number of them are now under water or have had to sell their holdings. 

Strategy, the largest corporate holder of the asset, has this year slowed down its bitcoin buys and instead pivoted to building a stronger cash balance and buying back its stock as the price of its shares has tumbled. 

This post Capital B Buys 376 Bitcoins in Its Biggest Purchase of 2026 first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy

Top bitcoiner Adam Back has invested €7.6 million ($8.8 million) in Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company. 

The company said Wednesday that the investment will be used to buy more bitcoin. Adam Back is the CEO of bitcoin infrastructure company Blockstream, and one of the biggest and well-known figures in the space 

Capital B’s announcement comes after the company last week said it had raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM.

Capital B announces a €21.0 million capital raise with global institutional investors, including strategic investors Adam Back and TOBAM, to accelerate its Bitcoin Treasury Company strategy

Full Press Release (EN): https://t.co/XQGT44ma4d

Full Press Release (FR):…

— Capital B (@_ALCPB) August 28, 2026

“The proceeds of the Private Placement will be used primarily to strengthen Capital B’s balance sheet through the accumulation of bitcoin as a long-term reserve asset,” the company said in a statement. 

“This capital increase is a key step in implementing the company’s Bitcoin Treasury Company strategy, focused on increasing the number of bitcoin per share on a fully diluted basis over time.”

It added that the placement would fund it buying 376 additional bitcoins, taking its potential holdings to 3,521 coins from its current stash of 3,145.

Capital B is the 26th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries, with a total of 3,145 bitcoins in its coffers — worth $242 million at today’s bitcoin price of $76,959. 

Capital B built much of that position through fundraising rounds during the first half of 2026. 

In May, it acquired 192 coins for €13 million after completing three capital raises.

Capital B’s is trying to build a bigger bitcoin position as other treasuries look to raise funds and accelerate their buys. 

NYSE-listed AI-powered education company Genius Group last week said it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, after the company sold its entire bitcoin reserves to repay $8.5 million in debt. 

The Bitcoin treasury model has taken a hit since last year when the price of the leading cryptocurrency took a hit. 

A number of companies in the space have had to liquidate their holdings — including the biggest corporate holder of bitcoin, Nasdaq-listed Strategy.

This post Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC

Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company, has raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM — money it says could buy 270 more bitcoin and push its stack to roughly 3,415 BTC.

The company said Friday that a total of 36,219,070 shares were sold at €0.58 each as part of the deal, a 6.45% discount to Wednesday’s closing price.

Capital B said the net proceeds are expected to reach about €19.9 million after fees and transaction costs.

JUST IN: French company Capital B announces a €21.0 million capital raise to "accelerate its Bitcoin Treasury Company strategy" pic.twitter.com/I3RcJYlSsI

— Bitcoin Magazine (@BitcoinMagazine) August 28, 2026

Capital B is the 27th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries, with a total of 3,145 bitcoins in its stash — worth $245 million at today’s bitcoin price of $77,960. 

Capital B, which describes itself as Europe’s first bitcoin treasury, built much of that position through fundraising rounds during the first half of 2026. 

In May, it acquired 192 coins for €13 million after completing three capital raises.

Capital B’s announcement as other treasuries look to raise funds and accelerate their buys. Just this week, NYSE-listed AI-powered education company Genius Group said it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, after the company sold its entire bitcoin reserves to repay $8.5 million in debt. 

Bitcoin treasuries have faced headwinds since 2025 when the price of the leading cryptocurrency took a hit. A number of companies in the space have had to liquidate their holdings, including the biggest corporate holder of bitcoin, Nasdaq-listed Strategy.

This post Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.