Search results for Capital B
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.
Crypto
Strategy bitcoin sale rattles market as \'never sell\' narrative breaks
Strategy’s sale of 32 bitcoin has shaken the market premise that corporate bitcoin treasury strategies mean never selling. Cointelegraph said it was the company’s first disclosed cash-out aside from a 2022 tax-related transaction. While the amount was small relative to its holdings, investors revisited assumptions and MSTR shares fell sharply. Separately, JPMorgan CEO Jamie Dimon opposed the latest Clarity Act revision, and France’s Capital B sought approval for large fundraising plans for future bitcoin purchases.
