Capital B bought 376 Bitcoin on Sept. 7 for €25.3 million, or an average €67,182 per coin, lifting its reserve to 3,521 BTC. The French Bitcoin treasury company has spent €309.4 million on its holdings, with its average acquisition cost falling to €87,878 from €90,352 before the latest purchase. Capital B said the transaction followed a €21 million institutional fundraising round involving strategic investors including Adam Back and TOBAM. The purchase, its largest in about a year, moved Capital B ahead of Sweden’s H100 Group to around 25th among publicly traded Bitcoin holders, although it remains behind Germany’s Bitcoin Group SE. Its Bitcoin reserve was valued at $275.64 million, while Bitcoin traded at $78,469.40 and Capital B shares changed hands at €4.89.