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Crypto

Capital B bitcoin holdings up 12 percent but per-share value stalls

French bitcoin treasury company Capital B increased its bitcoin holdings by 12 percent in three weeks, but its diluted satoshis per share were virtually unchanged as its share count expanded by a similar rate. The company raised funds through shares with attached warrants and also uses bitcoin-linked convertible bonds. A 10-for-1 reverse split effective Sept. 8 could further distort per-share metrics. Capital B adopted a bitcoin strategy in November 2024 and reported losses tied largely to bitcoin impairments.

Crypto

France\'s Capital B buys 376 more bitcoins, 84 BTC short of Europe\'s top spot

France\'s bitcoin treasury firm Capital B bought an additional 376 BTC for 25.3 million euros, taking its total holdings to 3,521 BTC. The purchase followed a roughly 30.1 million euro fundraising that included a private placement joined by Adam Back (Adam Back) and TOBAM. Capital B bought at an average 67,182 euros per bitcoin. The deal was executed by Swissquote Bank Europe, while custody used technology from Swiss firm Taurus.

Crypto

Companies ditch altcoins and focus on bitcoin as corporate BTC hoarding picks up again

Corporate bitcoin stockpiling is accelerating again, with companies in Japan, France, Britain and Singapore moving to expand holdings this week. Japan\'s Remixpoint sold all its altcoins and said it will hold only bitcoin, leaving it with about 1,506 BTC. France\'s Capital B secured a 7.6 million euro private placement taken up by Adam Back and plans to use most proceeds to buy more bitcoin. Britain\'s Smarter Web Company and Singapore\'s Genius Group also outlined additional purchases.