Capital B Surpasses 2,925 Bitcoins and Accelerates Its Crypto Strategy
Capital B has completed several financing and acquisition operations that strengthen its Bitcoin Treasury Company strategy, now holding 2,925 bitcoins with a total acquisition value of 269.4 million euros.
Conversion of Convertible Bonds into Shares
Capital B has converted 19.9 million convertible bonds (OCA B-01) held by Blockstream Capital Partners and UTXO Management. This operation resulted in the issuance of 36.6 million new ordinary shares, fully paid through debt compensation. Blockstream Capital Partners converted 17.9 million OCAs into 32.9 million shares, while UTXO Management converted 2 million OCAs into 3.7 million shares. Both investors also subscribed to an additional 5.2 million shares at a unit price of 0.544 euros, totaling 2.85 million euros, as part of the legal adjustment measures related to their bond conversion.
Performance Metrics Since Early 2026
Since the beginning of 2026, Capital B has recorded a BTC Yield of 1.25%, a metric measuring the progression of the number of bitcoins per share on a fully diluted basis. The group registered a BTC Gain of 35.3 bitcoins and a BTC € Gain of 2.2 million euros over the same period. In the last quarter alone, the BTC Yield reached 0.53%, with a BTC Gain of 15.2 bitcoins and a BTC € Gain of 942,787 euros. The average acquisition cost of the held bitcoins is established at 92,096 euros per unit. Swissquote Bank Europe SA, a virtual asset service provider, ensured the execution and secure custody of the bitcoins through the technology solution of Taurus.
