Capital B spends $29.4 million to buy 376 BTC, the largest single purchase in nearly a year.

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Bitcoin news broke on September 7 as French custodian Capital B spent 25.3 million euros ($29.4 million) to purchase 376 Bitcoin, increasing its holdings to 3,521. This is the largest single purchase since September 2025. The funds came from a 28.7 million euro private placement, with Adam Back contributing 7.6 million euros. Bitcoin analysis shows the average purchase price is now 87,878 euros ($102,058).

ME News reports that on September 7 (UTC+8), French Bitcoin treasury firm Capital B announced the purchase of 376 bitcoins for €25.3 million (approximately $29.4 million), increasing its Bitcoin holdings to 3,521 BTC, with a total accumulated purchase cost of approximately €309.4 million (about $359.3 million). This acquisition marks Capital B’s largest single Bitcoin purchase since September 2025, when it bought 551 bitcoins. Capital B stated that the funds for this purchase came from a recently completed financing round, including a €28.7 million (approximately $33.3 million) private placement, in which Adam Back invested an additional €7.6 million (approximately $8.8 million), raising his common share ownership stake to 17.64%. Following this增持, Capital B now holds 3,521 bitcoins, with an average purchase price of approximately €87,878 per BTC (about $102,058). (Source: BlockBeats)

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