Capital B Bitcoin Holdings Set to Rise After €58M Institutional Raise

Capital B, listed on Euronext Growth Paris under ticker ALCPB, has successfully raised €58.1 million through a private placement with over 35 institutional investors across 10 countries.

The deal was completed at €1.55 per new share, which was about a 9.1% discount compared to the recent 5 day average trading price.

Source: X (formerly Twitter)

Despite this discount, the strong demand shows the growing trust in Capital B Bitcoin treasury strategy .

Focus on Bitcoin Treasury Expansion

The fresh capital will be used mainly to buy more BTC as part of the company’s plan to become Europe’s first dedicated Bitcoin Treasury Company.

According to the company, this raise could help it acquire about 500 additional BTC, which would push its total holdings close to 2,749 BTC. At today’s prices near $115,000 per coin, this move represents a serious long-term bet on this cryptocurrency as a reserve asset.

Current Holdings

The organisation has been holding BTC since November 2024. As of now, it owns 2,249 BTC valued at around $260 million.

Source: BitcoinTreasuriesnet

Its average cost per coin is $107,310, giving the company an unrealized profit margin of about 7.75%. If the new purchase goes through, the company would expand its exposure by nearly 22%.

Market Impact and Strategy

This step by the organisation shows how European institutions are warming up to this digital currency as a safe and valuable treasury asset. The decision mirrors the playbook of U.S. firms that have stacked Bitcoin on their balance sheets.

The company says this is not just about speculation, but about building long-term value for shareholders. With ongoing Bitcoin ETFs inflows in the U.S. and crypto trading close to record levels, the timing of this raise sends a bullish signal to the market.

Institutional and Bitcoin-Native Support

The private placement was joined by both Bitcoin-native and traditional finance investors. Blockchain.com and TOBAM were among the prominent participants.

Their participation indicates how the world of BTC is closing the gap between the previous financial system and the new world of digital economy.

Cantor Fitzgerald Europe served as global coordinator, while TP ICAP Europe SA came in as joint bookrunner for the raise.

Connection to Larger Bitcoin Adoption

Capital B’s strategy is part of a broader wave of corporate crypto adoption. Companies like Strategy, led by Michael Saylor , continue to set the tone globally. Strategy now holds nearly 639,000 BTC worth about $73 billion, which equals more than 3% of the total supply.

Source: BitcoinTreasuries Net

The company stands at 29th position. Capital B’s latest move shows that European players are starting to follow similar paths, making this crypto a centerpiece of their corporate strategy.

Standard Chartered Warning on Treasury Companies

This is coming as Standard Chartered reports that most Bitcoin Treasury Companies are under pressure , with some even at the risk of collapse as their market net asset value goes below adequate levels.

While goliaths such as Strategy hold their ground, more nimble players can falter, so Capital B's brash €58M raise is a significant display of faith.

Final Thoughts

The €58.1 million capital increase by Capital B is another milestone moment for BTC's road to mass adoption by companies.

By expanding its holding to nearly 2,749 BTC, Capital B is positioning itself as a flagship European example of how corporate organizations can use this cryptocurrency for balance sheet diversification and hedging global volatility.