Key Takeaways
Capital B has raised €7.6 million from Adam Back to fund another bitcoin purchase, following a previous private placement.
According to reporting by Bitcoin Magazine, European bitcoin treasury company Capital B has raised €7.6 million ($8.8 million) from Blockstream CEO Adam Back to fund an additional bitcoin purchase. The Euronext Growth-listed company announced the investment following a recent private placement backed by Back and asset manager TOBAM, which raised €21 million ($24 million).
Capital B stated that the proceeds will strengthen its balance sheet and fund the acquisition of 376 additional bitcoins. This purchase would increase its holdings from 3,145 coins to a potential 3,521 coins. Currently ranked as the 26th biggest publicly traded bitcoin treasury globally, Capital B built much of its existing position through fundraising rounds during the first half of 2026, including a May acquisition of 192 coins for €13 million.
The company aims to increase the number of bitcoin per share on a fully diluted basis over time as part of its treasury strategy. Meanwhile, other firms have adjusted their holdings, with Genius Group aiming to build parallel AI and bitcoin treasuries, and Strategy having previously liquidated portions of its holdings.
Source & Fact-Check Note
This report is synthesized from coverage by Bitcoin Magazine. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at Bitcoin Magazine ↗
