Capital B buys 1 Bitcoin for 6 million euros, holdings reach 3,140

The Bitcoin treasury company said its year-to-date Bitcoin yield stands at 2.13% and plans to convert 14.195352 million OCA B-01 notes held by Blockstream Capital Partners into Bitcoin held by Capital B.

Summary

Capital B purchased 1 Bitcoin for 6 million euros, taking the Bitcoin treasury company's total holdings to 3,140 Bitcoin. The company said its year-to-date Bitcoin yield is 2.13%, a metric treasury firms use to track how their Bitcoin position changes over time. Capital B also said it will convert 14.195352 million OCA B-01 notes held by Blockstream Capital Partners into Bitcoin held by Capital B, extending its balance-sheet strategy around the asset.

Terms & Concepts
  • Bitcoin treasury company: A company that holds Bitcoin as a core treasury reserve asset.
  • Bitcoin yield: A metric showing growth in Bitcoin holdings over a period.
  • OCA B-01: A named convertible instrument referenced in the company announcement.