Capital B Bitcoin strategy is further strengthened by €58 million injected funds

Capital B raised €58.1 million from more than 35 institutional investors in 10 countries and plans to increase its holdings by about 500 more bitcoins, increasing its total holdings to nearly 2,749. The company is committed to becoming the first company in Europe to focus on Bitcoin asset management and currently holds 2,249 bitcoins with an average cost of $107,310 per coin. The increase in holdings was completed at a discount of 9.1% compared to the recent trading price, indicating that institutional investors are increasingly confident in Bitcoin as a reserve asset.