✉news BusinessCrypto first seen 6 h ago, last 2 h ago, peak #10
Capital B Buys More Bitcoin Despite €50.8 Million Treasury Loss
Original: Capital B Just Bought More Bitcoin Below Cost. Its Treasury Is Still €50.8 Million Underwater
French bitcoin treasury company Capital B has purchased additional bitcoin at prices below its average cost of acquisition, yet its overall holdings remain down €50.8 million on paper. The company is continuing its accumulation strategy despite the unrealised loss. Investors and crypto observers are tracking how listed treasury firms like Capital B handle prolonged drawdowns in bitcoin's price.
Why now: Capital B's continued bitcoin buying while sitting on a large unrealised loss highlights the ongoing pressure on corporate bitcoin treasury companies.
Rank over time, top of the chart is #1. 3 snapshots from 5 h ago to 2 h ago.
Evidence
- Capital B Just Bought More Bitcoin Below Cost. Its Treasury Is Still €50.8 Million Underwater · Yahoo Finance
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