HedgeCo.Net — French bitcoin treasury company Capital B said Monday it acquired 376 BTC for €25.3 million (about $29.4 million), bringing total holdings to 3,521 BTC. The Block printed the same 376 BTC / €25.3 million (~$29.4 million) purchase, the 3,521 BTC cumulative stack, and the firm’s statement that the buy was its largest since September 2025. CryptoBriefing independently carried the same 376 BTC / €25.3 million prints and the same 3,521 BTC treasury total.
The Block reported cumulative acquisition cost of €309.4 million (~$359.3 million) for the 3,521 BTC stack, implying an average purchase price near €87,878 (~$102,058) per bitcoin on the company’s figures. Capital B said the purchase was funded by proceeds from recently completed capital raises, including a private placement that encompassed an additional Adam Back investment. CryptoBriefing framed Capital B as positioning itself as Europe’s first dedicated bitcoin treasury company on a Strategy-style equity-raise-to-buy-BTC model, while noting Strategy’s holdings remain orders of magnitude larger.
This is a disclosed corporate treasury purchase, not an ETF flow print. Mark 376 BTC, €25.3 million / ~$29.4 million, and 3,521 BTC total holdings as the hard tape. Do not invent forward purchase schedules or treat average historical cost as a mark-to-market NAV. The allocator object is public-company bitcoin treasury accumulation funded by equity capital markets.