Capital B acquired five more Bitcoin for €280,000, lifting its treasury to 3,145 BTC and funding the buy through a French equity program. The Euronext Growth Paris-listed firm reported a 2.14% year-to-date BTC Yield, even as its reserve's net value trails its acquisition cost by roughly €113.3 million.
Capital B added five Bitcoin to its treasury for €280,000, pushing total holdings to 3,145 BTC, the Euronext Growth Paris-listed company said Aug. 17, 2026. The purchase priced Bitcoin at roughly €55,882 per coin. That is well below the firm's €90,352 average cost across its full €284.2 million treasury.
Equity issuance funds the purchase
Capital B financed the acquisition through its at-the-market program with French asset manager TOBAM, issuing 647,110 new shares at an average €0.47 to raise €301,460.25 between July 27 and Aug. 7. That issuance priced at a 3.52% premium to Capital B's Aug. 14 closing price. Euronext shows the stock closed Friday at €0.454, down 2.72% for the session.
Treasury value still trails cost
The company reported a €170.9 million net asset value for its 3,145-BTC reserve, against the €284.2 million acquisition cost. That leaves the reserve about €113.3 million below cost at the reference price used in Monday's disclosure. Capital B separately holds another 61 BTC for operational purposes, excluded from its treasury performance metrics.
BTC Yield reaches 2.14% year-to-date
Capital B reported a 2.14% year-to-date BTC Yield. The metric, borrowed from the MicroStrategy reporting framework, tracks Bitcoin held per fully diluted share rather than investment returns. The company posted a BTC Gain of 60.3 BTC and a €3.28 million BTC € Gain. Its BTC per fully diluted share held at 736.4 satoshis, unchanged since Aug. 3.
Blockstream converts its remaining stake
Blockstream Capital Partners completed the conversion of 14,195,352 OCA B-01 instruments into 28,687,362 ordinary shares, leaving none of the instruments outstanding. Following the conversion, Blockstream holds 71.8 million shares, representing 21.74% of Capital B's issued capital and 35.63% on a fully diluted basis.
Capital B's continued buying contrasts with Strategy, the world's largest corporate Bitcoin holder, which sold 3,328 BTC over two weeks ending Aug. 9 to raise about $213.3 million for preferred-stock dividends and share repurchases. Capital B aims to accumulate 1% of Bitcoin's total supply, or roughly 210,000 BTC, by 2033, a target it has now reached about 1.5% of.
Sources: crypto.news, Crypto Briefing
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