Capital B buys an additional 5 bitcoins…total holdings reach 2,828

Source
Minseung Kang

Summary

  • France-listed Capital B said it purchased an additional 5 bitcoins for about 320,000 euros.
  • With the purchase, Capital B’s total bitcoin holdings increased to 2,828.
  • Since the start of the year, the internal metric “BTC Yield” has recorded 0.1%, and the company said it is incorporating bitcoin as a long-term strategic asset and gradually expanding its holdings.

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Photo = Captured from Capital B X
Photo = Captured from Capital B X

Capital B, a France-listed company (formerly The Blockchain Group), has disclosed an additional purchase of Bitcoin (BTC), continuing its bitcoin-centric treasury strategy.

On the 9th, Capital B said on X (formerly Twitter) that it had bought an additional 5 bitcoins for about 320,000 euros. The purchase brings Capital B’s total bitcoin holdings to 2,828.

The company said its internal metric “BTC Yield,” which indicates bitcoin returns since the start of the year, stands at 0.1%. This is an internal indicator calculated based on the rate of increase in the number of bitcoins held.

Meanwhile, Capital B is said to be incorporating bitcoin as a long-term strategic asset and gradually expanding its holdings, while continuously managing bitcoin’s weighting within its financial structure.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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