Capital B confirmed on August 17, 2026, that it acquired 5 more BTC for €0.28 million, bringing its total holdings to 3,145 BTC. The Euronext Growth Paris-listed Bitcoin Treasury Company disclosed the purchase in an official statement alongside a BTC Yield of 2.14% year to date.
The buy follows the company’s completion of a share conversion tied to Blockstream Capital Partners just two weeks earlier.
Capital B’s August Bitcoin Buy in Detail
The purchase closed out a capital raise of €0.30 million at €0.47 per share, executed through Capital B’s existing ATM-type agreement with TOBAM. Proceeds from that raise funded the 5 BTC acquisition, according to the company’s official press release, pushing the average acquisition cost across its full position to €90,352 per bitcoin.
Swissquote Bank Europe, a MiCA-licensed custodian, executed the trade and holds the coins through Swiss firm Taurus. The company also finalized the conversion of 14,195,352 convertible bonds held by Blockstream Capital Partners into 28,687,362 new shares, a step it had first flagged two weeks prior on August 3.
Why Capital B’s Slow, Steady Buying Approach Matters for Investors
Capital B’s steady, small-lot buying pattern sits inside a wider shift where public companies treat Bitcoin as a treasury asset rather than a speculative bet, a trend our news coverage tracks as it plays out across markets.
That measured pace looks different from the approach taken by larger holders such as Strategy, which shifted toward occasional selling this year to fund dividend and buyback obligations, a shift detailed in our coverage of Strategy’s selective Bitcoin selling tactics.
For anyone weighing exposure to Bitcoin through public equities, the contrast shows how differently two treasury companies can manage the same asset.
Capital B’s Next Move After the OCA B-01 Conversion
With its Blockstream conversion now complete, Capital B has one less overhang on its share count heading into its next capital raise under the TOBAM agreement. The company has not set a date for its next disclosed purchase, but its last seven filings show acquisitions roughly every two to four weeks, making a September update plausible if the pattern holds.
What this means for you: if you’re tracking Capital B as a proxy for Bitcoin exposure, watch its next TOBAM filing rather than its share price day to day, since the buys tend to follow the raises by only a few days.
This article is for informational purposes only and does not constitute financial advice. Do your own research before making any investment decisions.
