Capital B Buys 62 BTC for $7.13M, Boosting Holdings to 2,075 BTC

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Capital B (ALCPB) working as The Blockchain Group, has accomplished the acquisition of 62 bitcoin (BTC) for roughly $7.13M by means of its Luxembourg-based subsidiary.

This funding lifts the agency’s whole holdings to 2,075 BTC, bought at a mean worth of $104,803 per coin. The acquisition was funded by way of a $7.48M convertible bond issuance, subscribed by Tobam Bitcoin alpha fund.

Since the beginning of the 12 months, Capital B has achieved a staggering BTC yield of 1,446% and a bitcoin acquire of roughly 578.5 BTC.

This transfer underlines its long-term bitcoin treasury technique targeted on rising BTC per totally diluted share, reinforcing its place as a frontrunner in bitcoin-based monetary structuring.

Capital B's shares rose 1% on Tuesday, bringing its year-to-date acquire to 760%.

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