In a significant move that underscores its commitment to expanding its Bitcoin holdings, Capital B has successfully completed a series of fundraising initiatives, resulting in the acquisition of 48 additional Bitcoins valued at approximately $5.6 million. This brings the company’s total Bitcoin reserves to 2,249 BTC, with plans to increase that number to 2,267 BTC, contingent upon further fundraising efforts.
Capital B, recognized as Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, announced the completion of multiple capital increases aimed at bolstering its Bitcoin reserves. The company finalized its first capital increase at $2.03 per share, allowing for a raise of around $2.12 million. This funding facilitated the purchase of 17 BTC, priced at $2 million. In a subsequent round priced at $1.99 per share, the company raised approximately $2.94 million, fully subscribed by the TOBAM Bitcoin Alpha Fund, which enabled the acquisition of 24 BTC worth about $2.82 million. Additionally, Fulgur Ventures contributed $824,000 through the purchase of 1.25 million ordinary shares at $0.64 each, resulting in another acquisition of 7 BTC.
The strategic approach of Capital B has yielded impressive results in 2025, with the company reporting a Bitcoin yield of 1,536.6 percent. This translates into an impressive gain of 614.6 BTC and over $71.3 million in profit since the year began. The overall holdings, acquired for a total of approximately $242.4 million, have seen an average purchase price of $107,902 per Bitcoin.
As of now, Bitcoin has been trading above $116,000, having briefly crossed that threshold recently and reflecting gains of nearly 5% over the past week, according to data from CoinMarketCap. The cryptocurrency is currently positioned above both its 20-day and 50-day exponential moving averages, which stand at $113,500 and $113,000, respectively. However, some market observers remain skeptical about Bitcoin’s upward momentum.
Economist and consistent Bitcoin critic Peter Schiff has raised concerns about the cryptocurrency potentially reaching a peak just ahead of the Federal Open Market Committee’s meeting set for September 17. Schiff argued that moving forward with monetary easing while inflation continues to rise could be a serious policy misstep. Despite Bitcoin’s recent performance, he pointed out its relative underperformance in comparison to gold and silver, emphasizing that it remains about 15% below its 2021 peak when priced in gold. This is compounded by the record heights reached by equity markets like the S&P 500 and Nasdaq, leading Schiff to caution that Bitcoin may be topping out.
Despite these concerns, the institutional interest in Bitcoin appears robust, with many still viewing it as one of the leading cryptocurrencies to buy. As Capital B continues to expand its treasury, the developments in the crypto market will be closely watched, especially as macroeconomic factors and investor sentiment evolve.
