Capital B Overtakes H100 Group After 376 BTC Buy
French digital asset treasury Capital B has acquired 376 Bitcoin for approximately 25.3 million euros, or roughly 29.4 million dollars, according to a report by ambcrypto.com. Completed on the seventh of September, the transaction marked the company’s largest single Bitcoin acquisition in approximately a year.
Data cited by ambcrypto.com indicates that the latest purchase elevated Capital B above Sweden based H100 Group in corporate Bitcoin holdings. The acquisition followed a fundraising round in which Capital B secured 21 million euros from institutional investors to expand its digital asset reserves, with backing from industry figures including Adam Back and investment firm TOBAM.
Corporate Bitcoin treasury strategies continue to evolve as firms leverage institutional funding rounds to build long term digital asset reserves. Market participants monitor these corporate balance sheet allocations closely as a metric of institutional adoption and liquidity flow within the broader digital asset ecosystem.
Based on reporting by ambcrypto.com.
