Capital B Overtakes H100 Group After 376 BTC Buy
French digital asset treasury Capital B has acquired 376 Bitcoin for approximately €25.3 million, valued at roughly $29.4 million, according to a report by ambcrypto. The transaction, executed on September 7, marks the firm’s largest Bitcoin purchase in approximately a year. This aggressive accumulation strategy follows Capital B securing €21 million from institutional investors to further expand its digital asset reserves, with backing from prominent industry figures including Adam Back and TOBAM.
With this latest acquisition, Capital B has successfully overtaken Sweden based H100 Group in total Bitcoin holdings. Digital asset treasuries continue to aggressively build their vaults despite market fluctuations, viewing long term accumulation as a core operational priority for corporate treasuries.
Market observers note that the capital raise and subsequent purchase highlight sustained institutional appetite for direct exposure to Bitcoin through corporate balance sheet strategies. Capital B remains focused on scaling its treasury reserves as the broader digital asset landscape matures.
Based on reporting by ambcrypto.com.
