Capital B Acquires 376 BTC in Record 2026 Transaction

Bitcoin Magazine

Capital B, a European bitcoin treasury, has disclosed its largest bitcoin acquisition of 2026, purchasing 376 of the digital assets. The move arrives a week after the firm revealed Blockstream CEO Adam Back was putting money into the company.

The company, listed on Euronext Growth, reported on Tuesday that its total bitcoin holdings have reached 3,521 coins. At current valuations, that stash is worth more than $277 million. Data from Bitcoin Treasuries ranks it as the 25th-largest publicly traded bitcoin treasury globally.

According to Capital B's statement, the purchase cost €25.3 million, equivalent to over $29 million.

Capital B confirms the acquisition of 376 BTC for €25.3 million, the holding of a total of 3,521 BTC, and a BTC Yield of 2.17% YTD

Full Release (EN): https://t.co/PQDwqfWX9a

Full Release (FR): https://t.co/SrVf8lvp8Q

BTC Strategy (EN): https://t.co/P5j3GA76kt

— Capital B (@_ALCPB) September 7, 2026

Last week, the firm announced that prominent bitcoin advocate Adam Back, who leads bitcoin infrastructure provider Blockstream, had put €7.6 million ($8.8 million) into Capital B to support its acquisition efforts.

In August, the company said it secured €21 million ($24 million) via a private placement backed by Back and asset manager TOBAM.

On Tuesday, the bitcoin treasury's stock was down 2% in trading.

Capital B accumulated the bulk of its bitcoin holdings through fundraising activities in the first six months of 2026.

In May, it purchased 192 coins for €13 million after finalizing three capital raises.

The company, which describes itself as "Europe's first Bitcoin treasury company," is working to expand its bitcoin position while other treasuries seek funds and speed up their purchases.

Capital B states on its website that it aims to eventually own 210,000 bitcoins. "Our objective is simple: accumulate 1% of Bitcoin's total supply by 2033," the site says.

Digital asset treasuries gained traction in 2025 as more publicly traded firms sought to emulate Nasdaq-listed Strategy—formerly MicroStrategy—which began buying bitcoin that year.

Hundreds of public companies started acquiring bitcoin—and often other cryptocurrencies—to lift their share prices. However, with bitcoin's price declining, many are now underwater or have been forced to sell their holdings.

Strategy, the largest corporate bitcoin holder, has reduced its buying pace this year, shifting instead toward building a stronger cash reserve and repurchasing its own stock as its share price has fallen.