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French firm Capital B aims to grow Bitcoin holdings 12x by 2029 using Bitcoin-backed digital credit.

Market News
28 Oct 2026, 21:11 WIB
Crypto Briefing
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Bullish
French firm Capital B aims to grow Bitcoin holdings 12x by 2029 using Bitcoin-backed digital credit.

Capital B, a French treasury company, plans to increase its Bitcoin holdings from 3,538 BTC in 2026 to 42,000 BTC by 2029 by issuing Bitcoin-backed digital credit products. This strategy targets fiat investors seeking yield without direct exposure to Bitcoin's volatility. The company sees digital credit as a way to fund growth without diluting shareholders through stock issuance. Despite a €69.5 million net loss in early 2026 due to Bitcoin value write-downs, Capital B is Europe's second-largest corporate Bitcoin holder and aims to reach 15,000 BTC by 2027 as an intermediate goal.

Capital B's Bitcoin holdings plan provides context as of Oct 29, 2026 00:23 WIB. For readers following major cryptocurrencies on Pluang, 30 of 50 priced assets rose and 19 fell today. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, EOS (EOS.IO) at Rp12.649 up 8.13%, and BAT (Basic Attention Token) at Rp2.513 down 5.14%.

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