Key Highlights
- Capital B bought 2 BTC for €0.1M, pushing total holdings to 2,836 BTC as it strengthens its Bitcoin treasury strategy.
- The Paris-listed firm reported a 0.21% BTC yield in 2026 as steady Bitcoin accumulation continues to grow its treasury.
- Capital B remains Europe’s first public Bitcoin Treasury Company, steadily expanding holdings despite market volatility.
Capital B, the Paris-listed company, has expanded its Bitcoin strategy with the purchase of an additional 2 BTC for €0.1 million ($0.11 million). The acquisition comes shortly after the firm completed a capital increase priced at €0.60 ($0.65) per share under an At-The-Market (ATM) share issuance program with TOBAM.
As of March 9, 2026, Capital B and its subsidiary collectively hold 2,836 BTC, acquired for a total of €263.9 million ($287.6 million) at an average cost of €93,061 ($101,400) per Bitcoin. Board Director of Bitcoin Strategy, Alexandre Laizet, confirmed on X, “Capital ₿ has acquired 2 BTC for €0.1 million at €61,660 per bitcoin and has achieved BTC Yield of 0.21% YTD.”
This is similar to the strategies adopted by many large-scale companies in the USA, such as MicroStrategy. However, what makes Capital B different is that it is the first listed company in Europe to declare itself a Bitcoin Treasury Company.
The company’s CEO, Jean‑Philippe Casadepax‑Soulet, used his authority to issue 200,000 new ordinary shares following a resolution approved at the General Meeting in June 2025, amounting to €120,400.
Steady BTC accumulation drives gains
As per its press release, since November 2024, Capital B has been adding to its Bitcoin stash. Most purchases were small, ranging from 15 to over 500 BTC at a time. In February 2026, the company bought 6 BTC at €55,270 and 5 BTC at €64,124. Back in September 2025, a larger buy of 551 BTC at €99,272 pushed its total holdings past 2,800 BTC.
As a result, the portfolio now has a value of €167.4 million, though the total spent to acquire it was €263.9 million. The company’s Bitcoin yield also grew steadily, rising from 0.13% in early February 2026 to 0.21% by March, showing gradual and consistent gains.
Market context and Bitcoin volatility
According to CoinMarketCap, at the time of writing, Bitcoin was trading at $67,910, having risen slightly by 0.18% over the last 24 hours. The tensions between the U.S., Israel, and Iran have led to uncertainty in the markets, affecting the prices of Bitcoin.
In spite of this, the prices have shown significant recovery from the lowest point this month, which was approximately $63,000. Analysts have referred to this as “digital gold,” but the rising tensions could make the prices more volatile.
The firm’s approach signals confidence in cryptocurrency as a strategic asset class. Through these consistent acquisitions while also combining with AI and decentralized tech expertise, Capital B sets a blueprint for public European firms seeking BTC exposure.
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