The post French Firm Capital B Adds 58 Bitcoin to Its Treasury appeared first on Coinpedia Fintech News
Capital B, formerly known as The Blockchain Group, has confirmed the purchase of 58 Bitcoin (BTC) for €5.9 million, lifting its total holdings to 2,013 BTC. The Paris-listed company showcases a bold treasury strategy, having achieved an impressive 1,410% yield year-to-date with its Bitcoin investments. Capital B’s ongoing accumulation highlights the increasing adoption of Bitcoin by European corporates as both a treasury reserve and a hedge against fiat currency risks, reflecting a growing trend in institutional crypto investment.
Source: https://coinpedia.org/crypto-live-news/french-firm-capital-b-adds-58-bitcoin-to-its-treasury/