Capital B, formerly known as The Blockchain Group, has confirmed the purchase of 58 Bitcoin (BTC) for €5.9 million, lifting its total holdings to 2,013 BTC. The Paris-listed company showcases a bold treasury strategy, having achieved an impressive 1,410% yield year-to-date with its Bitcoin investments. Capital B’s ongoing accumulation highlights the increasing adoption of Bitcoin by European corporates as both a treasury reserve and a hedge against fiat currency risks, reflecting a growing trend in institutional crypto investment.
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