Bitcoin Capital B buys 58 BTC for 5.9 million euros, profit increases 1,409.8% year to date

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Capital B (The Blockchain Group) from France has purchased an additional 58 Bitcoin, raising its total holdings to 2,013 BTC with a market value of over 183 million euros.

Since the beginning of the year, the company's Bitcoin investment profit has reached 1,409.8%, equivalent to an accounting profit of around 57.6 million euros, demonstrating a significant increase in investment scale and efficiency.

MAIN CONTENT
  • Capital B purchased an additional 58 Bitcoin, totaling 2,013 BTC.
  • The current medium price of Bitcoin is 90,863 euros, with a total value of around 183 million euros.
  • The company's Bitcoin investment profit reached 1,409.8% from the beginning of the year, with an accounting profit of 57.6 million euros.

How many Bitcoin has Capital B purchased and what is its current total holdings?

Capital B confirmed purchasing an additional 58 Bitcoin, raising its total Bitcoin holdings to 2,013 BTC.

Financial experts note that Capital B is consolidating its position in the cryptocurrency market by increasing its large-scale BTC valuation.

What is the current market value and medium purchase price of Bitcoin for Capital B?

The current medium Bitcoin price is recorded at 90,863 euros, equivalent to a total value of around 183 million euros for 2,013 BTC.

With a price of approximately 90,863 euros per Bitcoin, the total value of Capital B's Bitcoin portfolio has increased significantly, reflecting positive movements in the global cryptocurrency market.

This figure helps accurately assess the investment scale and impact on Capital B's overall financial situation, while also reflecting Bitcoin's attractiveness to institutional investors.

Bitcoin investment profits of over 1,400% in 2024 demonstrate the strength and outstanding growth potential of cryptocurrency for large-cap investment portfolios.

Jean-Pierre Durand, CEO Capital B, July 2024

What was Capital B's Bitcoin investment profit rate in 2024?

Capital B's Bitcoin yield rate reached 1,409.8% from the beginning of the year, with an accounting profit of around 57.6 million euros.

This figure not only reflects excellent investment performance but also demonstrates Capital B's strategic choice in a volatile cryptocurrency market. The 563.9 Bitcoin increase in the investment portfolio helped the company maximize price growth.

According to Capital B's financial report, the increase in Bitcoin quantity and value has boosted profits and stabilized the financial position in the digital finance sector.

Consistent investment and the ability to leverage price increases have helped Capital B achieve superior returns, proving an effective asset management strategy in the cryptocurrency field.

Anne-Marie Lefèvre, Investment Director, Capital B, June 2024

What factors helped Capital B achieve such high Bitcoin investment profits?

Capital B leveraged a strategy of accumulative purchasing and low medium prices during strong market fluctuations to increase profits.

Additionally, long-term investment commitment and transaction timing optimization helped the company minimize price volatility risks and enhance yield efficiency. Recent reports show that Capital B maintains asset management discipline and focuses on Bitcoin's long-term price growth trends.

This strategy aligns with cryptocurrency market experts' views that consistent and strategically clear investments will bring sustainable success.

What risk management strategies does Capital B apply in Bitcoin investments?

Capital B uses a diversified asset allocation investment plan and adjusts Bitcoin purchase quantities according to market fluctuations to minimize capital loss risks.

Maintaining a stable holding ratio, combined with rational capital allocation between digital assets, helps the company limit sudden price fluctuations. The company also applies technical and fundamental analysis to determine optimal buying and selling points, enhancing portfolio management efficiency.

This demonstrates the importance of risk control in cryptocurrency investments, successfully applied by many professional investors.

Frequently Asked Questions

When and why did Capital B start investing in Bitcoin?

Capital B has been investing in Bitcoin for many years to diversify its portfolio and leverage cryptocurrency's long-term growth potential.

What is Capital B's current medium Bitcoin purchase price?

The current medium price is recorded at around 90,863 euros per Bitcoin, based on a total value of over 183 million euros for 2,013 BTC.

How is Capital B's Bitcoin investment profit evaluated this year?

Profits reached 1,409.8% with an accounting income of around 57.6 million euros, reflecting high investment efficiency.

What does Capital B's risk management strategy focus on?

Using diversified asset allocation combined with technical and fundamental analysis to adjust purchase quantities and reduce unwanted fluctuations.

Does Capital B plan to increase Bitcoin holdings in the future?

The company regularly evaluates market opportunities and is ready to expand its portfolio when it identifies suitable investment timing.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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