- Capital B raised roughly $18 million through a private placement
- The company plans to buy an additional 182 BTC
- Blockstream CEO Adam Back participated in the funding round
- Corporate bitcoin treasury strategies continue expanding globally
Capital B Expands Its Bitcoin Treasury Strategy
France-based bitcoin treasury company Capital B announced that it raised approximately €15.2 million, or about $17.8 million, to accelerate its bitcoin accumulation strategy.
The company plans to use most of the proceeds to purchase an additional 182 BTC for its treasury holdings, which would bring its total reserves to more than 3,100 BTC.
Major Bitcoin Investors Joined The Raise
The private placement attracted participation from several notable bitcoin-focused investors, including Adam Back and French asset management company TOBAM.
Adam Back is one of the most influential figures in bitcoin history and the CEO of Blockstream, a company focused on bitcoin infrastructure and financial products.
Following the raise, Back is expected to hold a significant ownership stake in Capital B, further strengthening the company’s credibility among institutional bitcoin investors.
Corporate Bitcoin Treasuries Continue Growing
Capital B is part of a rapidly expanding trend where public and private companies accumulate bitcoin as a treasury reserve asset.
This strategy became increasingly popular after companies such as Strategy demonstrated how bitcoin treasury accumulation could significantly increase investor interest and market valuations.
Supporters argue bitcoin can serve as a long-term hedge against inflation, currency debasement, and sovereign debt risks. Critics, however, warn that heavy bitcoin exposure introduces substantial volatility to corporate balance sheets.
Europe’s Bitcoin Treasury Sector Is Expanding
While many bitcoin treasury firms are based in the United States or Asia, Capital B’s expansion highlights growing interest in Europe as well.
The company originally operated under the name The Blockchain Group before rebranding in 2025 to focus more aggressively on its bitcoin treasury strategy. Its latest fundraising round suggests investor appetite for bitcoin-focused corporate strategies remains strong despite broader market volatility.
