Summary
- Capital B said it bought an additional 12 Bitcoin, bringing its total holdings to 3,550 BTC.
- The company said the total acquisition cost of its Bitcoin holdings, including the latest purchase, was about 311.5 million euros, with an average purchase price of 87,746 euros per Bitcoin.
- Capital B said its internally calculated Bitcoin Yield for this year was 2.23%, with BTC Gain of 63 BTC and BTC € Gain of about 4.22 million euros.
Forecast Trend Report by Period
Capital B, a French listed company focused on a Bitcoin treasury strategy, has bought 12 additional Bitcoin.
In a press release on Nov. 10, the company said it spent 840,000 euros on the purchase. That brought the combined Bitcoin holdings of Capital B and its subsidiary, Capital B Luxembourg, to 3,550 BTC.
The total acquisition cost of its Bitcoin holdings now stands at about 311.5 million euros, with an average purchase price of 87,746 euros per Bitcoin. The 12 BTC acquired in the latest purchase were bought at an average price of 70,295 euros each.
Capital B funded the purchase through an at-the-market share issuance with TOBAM. It issued 147,176 new shares at an average price of 5.90 euros each, raising about 869,000 euros.
Capital B's internally calculated Bitcoin yield for this year was 2.23%. Over the same period, it recorded a BTC Gain of 63 BTC and a BTC € Gain of about 4.22 million euros.
Capital B is a Bitcoin treasury strategy company listed on Euronext Growth Paris. It also operates businesses in data intelligence, artificial intelligence and consulting and development for innovative technologies.
Minseung Kang
