Capital B Grows Bitcoin Treasury to 2,937 BTC with 12-Coin Buy

Capital B added 12 Bitcoin to its treasury for €0.8 million, reaching 2,937 BTC total with an aggregate cost of €270.1 million at €91,975 per coin. The purchase was financed by exercising 16.6 million warrants for €1.29 million and issuing 370,701 shares at-the-market for €0.22 million, following last week's 37 BTC acquisition for €2.3 million. This incremental buy aligns with surging institutional demand, including Strategy's 34,164 BTC purchase bringing its holdings to 815,061 BTC, bolstering Bitcoin's buy-side support and adoption trend.