Capital B (The Blockchain Group) Overview
Pro stress-test →Capital B, listed on Euronext Growth Paris, is Europe's First Bitcoin Treasury Company. The company specializes in technology consulting and development services in Data Intelligence, AI, and decentralized technologies, with operational subsidiaries iOrga (custom application development) and Trimane (Data Intelligence solutions since 2005). Since adopting a Bitcoin Standard on November 5, 2024, the company's mission is to accumulate as much Bitcoin as possible, as fast as possible, in the most accretive way possible.
Strategic Profile
Pro stress-test →The company employs a Bitcoin Treasury strategy based on utilizing cash surpluses and appropriate financing instruments to accumulate and hold Bitcoin as a long-term strategic reserve asset, while pursuing operational business development. Capital B holds 2,834 BTC on its balance sheet with a USD cost basis of approximately $54.2 million. Most recently, on March 26, 2025, the company announced the acquisition of 580 BTC, marking its largest single purchase to date.
Competitive Landscape
Pro stress-test →Capital B positions itself as a pioneering blockchain technology solutions provider in France. The company competes in fragmented markets: Bitcoin Treasury strategy (vs. MicroStrategy, Marathon, other corporate Bitcoin holders), Data Intelligence consulting (vs. traditional data firms), and blockchain development services (vs. specialized blockchain consultancies). Limited direct European Bitcoin Treasury competitors creates differentiation but subject to Bitcoin price volatility and liquidity constraints.
Industry Context
Capital B (The Blockchain Group) operates in Bitcoin Treasury Company / Blockchain Technology & Data Intelligence Consulting / Fintech.
Key facts
Headquarters: Puteaux, France