Capital B, the Paris-listed company rebranded from The Blockchain Group in November 2024, says it has accumulated 3,140 BTC over the past 12 months, up from 2,000 BTC, for what it describes as Europe’s first dedicated corporate Bitcoin treasury. The company says the holdings are worth roughly $200 million at an average cost basis of about $104,000 per coin. Its Bitcoin strategy, launched on November 5, 2024, includes a long-term thesis cited by BitcoinTreasuries.NET that references a $300 trillion market opportunity, potential parity with gold, and a balance sheet targeting zero fiat debt. Capital B says it aims to hold 15,000 BTC by the end of 2027 and 210,000 BTC by 2033.