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Capital B Increases Bitcoin Holdings to 3,521 BTC with New Investment from Adam Back

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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.

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Summaries are written by AI from the original article. Not investment advice.

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