Key Highlights
- Capital B added 5 BTC on February 9, raising its total holdings to 2,828 BTC as part of a steady, long-term Bitcoin accumulation plan.
- The company built its Bitcoin position over 15 months, using both large and small buys to manage costs as prices changed.
- Capital B used share issuances and ATM funding to support Bitcoin purchases while managing capital and limiting dilution risks.
French publicly traded company Capital B has accelerated its Bitcoin accumulation strategy by acquiring an additional 5 BTC. The recent purchase, completed on February 9, 2026, brings the company’s total holdings to 2,828 BTC.
As per the firm’s press release, the transaction, valued at a total of €0.32 million, was completed by Swissquote Bank Europe SA, a regulated VASP in Luxembourg. Bitcoin so acquired is now under the custody of the secure custody solution offered by a Swiss fintech firm, Taurus.
The purchase was confirmed by Capital B on X stating: “Capital B confirms the acquisition of 5 BTC for €0.32 million, holding a total of 2,828 BTC, and a BTC Yield of 0.1% YTD.” This is an indication of a well-thought-out approach by the company in achieving acquisitions while creating yield.
Strategic accumulation over time
Capital B has been building its Bitcoin holdings gradually over time. On June 2, 2025, it made a large purchase of 624 BTC at an average price of €96,447 per coin, bringing its total to 1,471 BTC at the time. A few months later, in September 2025, the company bought another 551 BTC at €99,272, increasing its holdings to 2,800 BTC. Even earlier, smaller purchases like 15 BTC at €63,729 in November 2024 helped lay the groundwork for its current position.
Apart from the increase in Bitcoin holdings, these purchases helped Capital B lower the average price it paid per coin over time. As of this month, the total cost of its Bitcoin portfolio reached over €263 million, while its market value changed along with Bitcoin’s price. After the larger mid-2025 purchases, the portfolio’s value briefly rose above €277 million, showing how the company timed its acquisitions.
Capital B now ranks as the 28th largest public company in the world holding Bitcoin, according to BitcoinTreasuries. Its operations in data intelligence, AI, and decentralized technology provide support for the company’s ongoing Bitcoin strategy.
According to Yahoo Finance data, Capital B’s stock (ALCPB.PA) is trading at €0.6610 on the Paris Exchange, down 3.34% in morning trading. At the same time, Bitcoin is currently priced at $68,515, dropping nearly 2.4% over the past 24 hours, as per CoinMarketCap data.
Capital increase supports Bitcoin strategy
In April 2025, Capital B accelerated its Bitcoin plan by granting BSA 2025-01 warrants to shareholders, converting 2,737,497 warrants into 391,071 new shares. Then, under CEO authority delegated by the Board in January 2026, the company executed a €150,000 capital increase through 193,492 new shares at an average subscription price of €0.78.
Additionally, the company worked with TOBAM under an ATM agreement to make sure the share prices matched market trading levels and key financial metrics. This approach helped Capital B raise funds to keep buying Bitcoin steadily. Their strategy aims to use money efficiently, protect shareholder value, and maintain smart exposure to Bitcoin.
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