💰 Capital B Stacks 2,201 BTC — 233M Treasury After 14.4M Buy

Paris-listed Capital B (The Blockchain Group) is doubling down on Bitcoin, adding 126 BTC in one swoop — and turning into one of Europe’s loudest public BTC whales.

📌 Quick Take

• New Buy: 126 BTC for 14.4M (€12.4M)
• Total Holdings: 2,201 BTC → 233.6M (€201.5M)
• YTD Return on BTC: +1,519.5%
• BTC Growth in 2025: +607.8 BTC (€60M profit)
• Equity Moves: Major OCA conversions to ordinary shares
• Strategy: Hybrid AI + Bitcoin treasury accumulation

🪙 From AI to BTC Whale Status

Capital B — listed on Euronext Growth Paris — isn’t just dabbling. Two fresh capital raises funded the latest buy:

• €8.7M at €3.47/share → 80 BTC
• €5M at €2.90/share → 46 BTC

Those moves bring its total stash to 2,201 BTC — worth more than 230M at current prices — cementing its spot as one of Europe’s most visible public Bitcoin treasuries.

📈 2025 Gains: Off the Charts

Capital B’s Bitcoin bet is crushing it:

• +1,519.5% YTD return on BTC
• €60M profit on BTC holdings so far in 2025
• +607.8 BTC added since January

This is aggressive accumulation in pure Michael Saylor style — but with a Parisian twist.

📊 Corporate Chess Moves

Beyond the Bitcoin buys, Capital B is reshaping its share structure:

• TOBAM’s OCA A-02 → 2,121,040 ordinary shares
• Fulgur Ventures’ OCA B-01 → 8,750,000 ordinary shares (pending conversion)

These conversions free up balance sheet flexibility for more BTC grabs.

🔮 The Bigger Picture

Capital B’s playbook blends equity financing + AI narrative + relentless BTC stacking. The goal? Position as Europe’s hybrid tech/Bitcoin leader at a time when corporate treasuries are becoming a hot — and risky — macro trend.

With 233M in BTC already on the books, they’re not just riding the wave — they’re paddling into the biggest set of the season.

TL;DR

Capital B just bought 126 BTC, taking its stash to 2,201 BTC worth 233M. YTD gains? +1,519%. The Paris-listed AI-meets-Bitcoin firm is converting debt into shares and turning into one of Europe’s boldest BTC treasury plays.