Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company, has raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM — money it says could buy 270 more bitcoin and push its stack to roughly 3,415 BTC.
Capital B said the net proceeds are expected to reach about €19.9 million after fees and transaction costs.
JUST IN: 🇫🇷 French company Capital B announces a €21.0 million capital raise to "accelerate its Bitcoin Treasury Company strategy" 🚀 pic.twitter.com/I3RcJYlSsI— Bitcoin Magazine (@BitcoinMagazine) August 28, 2026
Capital B is the 27th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries, with a total of 3,145 bitcoins in its stash — worth $245 million at today’s bitcoin price of $77,960.
Capital B, which describes itself as Europe’s first bitcoin treasury, built much of that position through fundraising rounds during the first half of 2026.
