Capital B Raises €115M to Accumulate Bitcoin

Paris / Abu Dhabi, 4 August 2025 - Capital B, formerly known as The Blockchain Group, today announced a major capital raising of approximately €115 million. The funds will be used to strengthen the strategic reserve in Bitcoin and drive the company's next phase of growth as a leader among Bitcoin-focused public entities.

Phase of Scaling

The capital raising includes two key transactions:

• A ATM program with TOBAM for approximately €1.6 million, with an average placement price of €4.10 per share.
• A direct placement of approximately €8.7 million at a price of €3.47 per share, almost entirely acquired by Peak Hodl Ltd, with the intention of subsequently tokenizing the shares through an STO platform.

The funds raised will allow the company to purchase approximately 120 additional BTC, bringing total reserves to approximately 2,075 BTC. This significant increase reinforces Capital B's position as one of the leading companies with large crypto assets in Europe.

Reserve Growth And Financial Performance

At the end of July, Capital B held approximately 2,013 BTC, valued at €183 million at the weighted average price. The return since the beginning of the year was 1,409.8%, with a quarterly increase of 10.1%. In July alone, the company purchased 22 BTC for €2.2 million, continuing the steady accumulation of Bitcoin in its treasury.

This approach demonstrates Capital B's systematic commitment to growing the digital assets on its balance sheet, using BTC as its main reserve asset. These steps are accompanied by a notable increase in market capitalisation and interest from institutional investors.

Strategic Transformation and Global Expansion

The recent rebranding to Capital B reflects a strategic shift in focus: from a general blockchain approach to a clearly Bitcoin-oriented model. A new corporate identity, a digital dashboard with transparent BTC statistics and a focus on growing the "bitcoin per share" have become the core of the updated corporate mission.

Contemporaneously, Capital B announced the creation of a branch in Abu Dhabi, a move that will allow it to take advantage of the favourable conditions for crypto assets in the UAE and diversify its activities outside the European Union.

With the 115 million euros raised, Capital B establishes itself as Europe's most active public company in terms of Bitcoin investments. Globally, its strategy is comparable to that of players such as Twenty One Capital (US-based), which is also focused on accumulating BTC as a key asset on its balance sheet.

Capital B is thus approaching global standards in the field of cryptocurrency reserves, with a focus on long-term value creation and sustainability of the business model amid growing interest in digital assets.

The growth of the strategic reserve in Bitcoin strengthens the company's position in the market and makes it more attractive to investors interested in cryptocurrencies. The launch of operations in Abu Dhabi opens up new opportunities and access to favourable jurisdictions.

However, the high volatility of Bitcoin poses risks to the balance sheet and asset value, requiring flexibility and careful management by Capital B.

With the attraction of EUR 115 million, the active expansion of the Bitcoin reserve beyond 2,000 BTC, an updated strategy and international development, Capital B strongly reinforces its position as Europe's leading Bitcoin-focused company. Its model represents the transition from traditional blockchain solutions to an economy where Bitcoin is at the centre.