Capital B acquires $29 million in bitcoin, its largest buy in a year

bitcoin purchase — Financial services firm Capital B has purchased $29 million worth of bitcoin, marking its largest single acquisition of the cryptocurrency in a year.
The purchase, executed after recent fundraising rounds, brings the company’s total bitcoin holdings to 3,521 BTC. This represents the firm’s most significant treasury allocation to bitcoin since September 2025.
Corporate bitcoin strategies have become a notable trend, with companies like MicroStrategy leading the way in holding the asset as a treasury reserve. Capital B’s latest move signals continued institutional interest in bitcoin as a long-term store of value.
The acquisition follows a period of fundraising for the company, though specific details of the raises were not disclosed. The purchase was likely facilitated through over-the-counter desks or exchanges to minimize market impact.
Original reporting: The Block