
Capital Buys More Bitcoin Expands Treasury
Capital Buys More Bitcoin Expands Treasury to 2,925 BTC
Capital B has expanded its Bitcoin Treasury to 2,925 BTC after converting debt instruments and raising fresh equity. The primary keyword capital buys more bitcoin expands reflects the company's growing Bitcoin holdings.
Bitcoin Treasury Expansion
Capital B has strengthened its profile as a listed Bitcoin Treasury Company by converting key debt instruments, raising fresh equity, and deploying part of the proceeds into additional bitcoin. The group now holds 2,925 BTC with an acquisition value of €269.4 million, at an average cost of €92,096 per bitcoin.
Recent Purchases
The company confirmed the purchase of 37 BTC for €2.3 million, at a reference price of €60,892 per coin, as part of its ongoing Bitcoin Treasury strategy. This lifted the year‑to‑date “BTC Yield” to 1.25%, with a “BTC Gain” of 35.3 BTC and a “BTC € Gain” of €2.2 million since the start of 2026.
Debt Conversions and Equity Raise
Alongside the treasury expansion, Capital B completed major conversions of its OCA B‑01 convertible bonds. Blockstream Capital Partners converted 17,897,600 OCA B‑01 into 32,900,000 ordinary shares, while UTXO Management converted 2,020,372 OCA B‑01 into 3,713,919 shares, at a unit conversion price of €0.544.
Share Issuance
- 36,613,919 new shares were issued through debt set‑off on these instruments.
- Both Blockstream Capital Partners and UTXO Management also exercised their rights under legal adjustment measures linked to the free BSA 2025‑01 warrants granted in 2025.
Key Takeaways
- Capital B's Bitcoin Treasury now holds 2,925 BTC with an acquisition value of €269.4 million.
- The company's year‑to‑date “BTC Yield” is 1.25%, with a “BTC Gain” of 35.3 BTC and a “BTC € Gain” of €2.2 million.
- Capital B's issued share capital stands at 272,210,021 shares, while its fully diluted base reaches 397,622,899 shares.
Frequently Asked Questions
What is Capital B's Bitcoin Treasury strategy?
Capital B's Bitcoin Treasury strategy involves expanding its Bitcoin holdings through debt conversions, equity raises, and deploying proceeds into additional bitcoin.
How many Bitcoin does Capital B hold for operational needs?
Capital B holds 60 BTC for operational needs, segregated from the reserve that underpins its Bitcoin Treasury KPIs.



