Capital B Increases Bitcoin Holdings to 3,521 BTC with New Investment from Adam Back
French Bitcoin treasury firm Capital B has acquired an additional 376 BTC for 25.3 million euros, bringing its total holdings to 3,521 BTC. The purchase was funded by a recent 28 million euro private placement, which included a 7.6 million euro investment from Adam Back, executed through Swissquote. The average cost basis for Capital B's total Bitcoin reserve is 87,878 euros per coin.
Summaries are written by AI from the original article. Not investment advice.