Capital B Increases Bitcoin Holdings Amid Unrealized Loss

Paris-listed Bitcoin treasury firm Capital B has acquired 13 BTC for approximately 0.97 million euros, at an average price of 74,364 euros per coin. This purchase brings the company's total holdings to 3,538 BTC, acquired at an average cost of 87,805 euros per coin. With a total treasury value of 310.6 million euros, the firm currently faces a paper loss of roughly 50.8 million euros. The company also reported a year-to-date BTC Yield of 2.20%. Funding for the acquisition was provided by TOBAM through an at-the-market share issuance agreement.