Capital B has formally announced its position of 1,850 BTC, cementing itself as France's first and leading corporate Bitcoin treasury.
The Paris-based company follows the model already established by Standard 21 in Spain: a company whose only strategic asset is Bitcoin and whose goal is to accumulate the maximum BTC per share possible over time.
Capital B's launch reinforces the narrative that the Bitcoin treasury model is permeating Europe's corporate fabric. After Spain with Standard 21 and France with Capital B, sector analysts anticipate that other European countries will have their own "national treasuries" over the next 12-18 months.
The company has said it will study listing options on Euronext Paris once it consolidates its BTC position. For now, it operates as a private company with a group of European institutional investors and family offices as reference shareholders.
Bitcoin Standard Treasury, based in the United States, holds the third global position with more than 30,000 BTC, while Twenty One Capital occupies second place among non-mining treasuries with 43,514 BTC.
