Capital B buys 1 Bitcoin for 0.06 million euros, holdings reach 3,140

The Bitcoin treasury company said its year-to-date Bitcoin yield is 2.13% and that 14,195,352 OCA B-01 notes held by Blockstream Capital Partners will be converted into Bitcoin held by Capital B.

BTC

Summary

Capital B bought 1 Bitcoin for 0.06 million euros, bringing its total holdings to 3,140 Bitcoin. The company said its year-to-date Bitcoin yield stood at 2.13%, a metric treasury firms use to track how their Bitcoin position changes over time. It also said 14,195,352 OCA B-01 notes held by Blockstream Capital Partners will be converted into Bitcoin held by Capital B, extending its balance-sheet Bitcoin accumulation strategy.

Terms & Concepts
  • Bitcoin yield: A metric used by Bitcoin treasury companies to track changes in their Bitcoin exposure or position over a given period.
  • OCA B-01 notes: A financing instrument referenced by Capital B that the company said will be converted into Bitcoin held on its balance sheet.
  • Bitcoin treasury strategy: A corporate treasury approach in which a company uses its balance sheet and financing tools to accumulate and hold Bitcoin directly.