French corporate treasury solutions firm Capital B purchased $15 million in Bitcoin, converting the majority of its recent funding round into the digital asset as European institutional interest continues to grow.
"This investment demonstrates our confidence in Bitcoin as a legitimate and reliable store of value for corporate treasuries," a Capital B spokesperson said in a statement on May 18, 2026. "We believe this is a prudent allocation of our capital to protect against monetary inflation."
The purchase was executed after the company raised $20 million from three capital increase contracts. Notable participants in the funding round included Adam Back, the CEO of Bitcoin infrastructure firm Blockstream, signaling a strong vote of confidence from established industry leaders. The acquisition follows the path forged by US firms like MicroStrategy, which have collectively added billions of dollars worth of Bitcoin to their balance sheets over the past several years.
Capital B's move is one of the most significant European examples of a company adopting a Bitcoin treasury strategy, a trend that has been slower to catch on in the region compared to North America. The transaction highlights a potential shift as more companies outside the US look to diversify their treasury holdings with digital assets. The firm's decision to immediately convert 75 percent of its new funding into Bitcoin suggests a high-conviction strategy rather than a speculative allocation.
This article is for informational purposes only and does not constitute investment advice.