According to an official announcement, French listed company Capital B has purchased 4 bitcoins at a total cost of €260,000, implying an average acquisition price of approximately €65,000 per bitcoin. Following this purchase, the company's total bitcoin holdings now stand at 3,139 BTC.
As of the latest update, Capital B's year-to-date bitcoin yield is 1.85%. The company, which is publicly traded on the Paris stock exchange, has been steadily accumulating bitcoin as part of its corporate treasury strategy. While the announcement did not provide further transaction details, this latest buy underscores the company's continued commitment to bitcoin as a strategic reserve asset.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.