Capital B
- Company typePublic
- Founded1999
- HeadquartersPuteaux, France
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
Capital B firmographics
Firmographics- Name
- Capital B
- Legal name
- The Blockchain Group
- Website
- https://cptlb.com
- Company type
- Public
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Capital B industry classification
Industry- Product category
- Bitcoin Treasury Company
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Tokenized Treasury, Money Market & Cash Management Products (FSADAEAB)
- akta.pro secondary industry
- Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)
Keywords
Where Capital B is headquartered
LocationHeadquarters
- HQ city
- Puteaux
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Capital B business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Bitcoin Treasury Appreciation: Capital B generates economic returns through the appreciation of its Bitcoin holdings on the corporate balance sheet. The company's primary value creation mechanism is increasing Bitcoin per fully diluted share over time, driven by strategic Bitcoin acquisitions financed through equity and debt instruments. As a treasury company, its revenue model is tied to Bitcoin price appreciation and the successful execution of its accumulation strategy rather than traditional product/service revenue.
- Technology Consulting (Subsidiaries): Capital B holds operating subsidiaries (iORGA, Trimane, Metadev 3) that generate technology consulting revenue across Data Intelligence, AI, and decentralized technology services. These subsidiaries deliver end-to-end digital solutions including web development, business intelligence, data engineering, and AI-driven decision making.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Capital B product offering
Product offeringCore offering
Capital B is Europe's first publicly listed Bitcoin Treasury Company (Euronext Growth Paris: ALCPB), focused on accumulating Bitcoin on its corporate balance sheet using equity raises, convertible bonds, and credit facilities to maximize Bitcoin per fully diluted share over time. The company held 3,139 BTC as of June 2026 and targets 15,000 BTC by end of 2027 and 1% of total Bitcoin supply by 2033. The company also operates technology consulting subsidiaries (iORGA, Trimane, Metadev 3) offering Data Intelligence, AI, and decentralized technology services.
Product overview
Capital B operates as Europe's First Bitcoin Treasury Company with a single unified strategy focused on accumulating Bitcoin on its corporate balance sheet. The core product is its Bitcoin Treasury Company Strategy, which aims to maximize Bitcoin per fully diluted share over time. The company is developing a Bitcoin lending product similar to Strategy's STRC, and has tokenized its shares via STOKR on the Liquid platform. Capital B also maintains legacy technology consulting operations through subsidiaries iORGA, Trimane, and Metadev 3, which provide Data Intelligence, AI, and decentralized technology consulting services.
Differentiator
Problem solved
Functional benefit
Products and services
- Bitcoin Treasury Company Strategy Capital B's core strategy: a Bitcoin Treasury Company framework that accumulates Bitcoin on corporate balance sheets using convertible bonds, equity raises, and credit facilities, aiming to increase Bitcoin per fully diluted share over time. Currently holds 3,139 BTC as of June 2026.
- Tokenized Shares via STOKR Tokenization of Capital B's existing ALCPB shares on the Liquid network via STOKR's native Bitcoin platform, enabling digital asset representation of equity on blockchain infrastructure for broader accessibility to crypto-native investors.
- US OTC Market Trading (CPTLF) Active trading of Capital B shares on the US OTC market OTCID under ticker CPTLF, providing US-based investors access to the company's Bitcoin treasury equity vehicle.
- Bitcoin Lending Product A planned Bitcoin-backed digital lending product for the European market, similar to Strategy's STRC and Strive's SATA. The product utilizes Capital B's BTC holdings as underlying assets to generate double-digit returns with single-digit volatility.
- Technology Consulting (iORGA, Trimane, Metadev 3) End-to-end digital solutions delivered through Capital B's wholly owned subsidiaries (iORGA, Trimane, Metadev 3), specializing in Data Intelligence, AI, and decentralized technology. Services include tailored web development, business intelligence, data engineering, and AI-driven decision making for enterprise clients.
- iORGA Wholly owned Capital B subsidiary specializing in data intelligence and AI consulting services for enterprise clients.
- Trimane Wholly owned Capital B subsidiary specializing in data engineering and business intelligence consulting for enterprise clients.
- Metadev 3 Wholly owned Capital B subsidiary specializing in decentralized technology consulting and development for enterprise clients.
Quantifiable outcome
- BTC Yield of 1.85% year-to-date as of June 2026, demonstrating consistent Bitcoin per share growth
- +3 more outcomes
Companies that use Capital B
Customer profileSegments3 records
Ideal customer profiles3 records
Capital B technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Capital B partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, core and minor.
- STOKRflagshipSTOKR is Capital B's technology partner for the tokenization of ALCPB shares on the Liquid network via its native Bitcoin platform. This partnership makes Capital B Europe's first tokenized Bitcoin Treasury Company, enabling broader accessibility to its equity through blockchain-based token infrastructure.
- Strategic Advisory (Tracy Hoyos Lopez & Daniel Batten)coreCapital B appointed Tracy Hoyos Lopez and Daniel Batten as Strategic Advisors to the Board for international and institutional expansion of its Bitcoin Treasury Company strategy, bringing specialized expertise in institutional adoption and Bitcoin sustainability.
- RoxomminorRoxom is a media/analytics partner co-producing 'The State of Bitcoin Markets' video series with Capital B, providing regular market analysis content as part of Capital B's investor education and thought leadership marketing.
- Le RevenuminorLe Revenu is a French financial media partner co-producing the weekly 'Live Weekly Bitcoin' video series with Capital B, providing investor education and market commentary as part of Capital B's content marketing strategy.
Scale indicators6 records
Recent moves11 records
Expansion highlights6 records
Capital B competitors and assessment
Company assessmentDirect peers
- Strategy (formerly MicroStrategy): The original and largest publicly traded Bitcoin Treasury Company, founded by Michael Saylor. Capital B explicitly models its strategy and product roadmap (e.g., the planned STRC-like Bitcoin lending product) on Strategy, making it the most direct peer in the BTC treasury space.
- Strive (formerly Strive Asset Management): Public Bitcoin treasury company co-founded by Vivek Ramaswamy pursuing a Strategy-like BTC accumulation playbook. Capital B's planned Bitcoin lending product is modeled on Strive's SATA, making it a closely comparable direct peer in the BTC treasury product category.
- Twenty One Capital: A Bitcoin-native treasury vehicle launched in 2025 with backing from Cantor Fitzgerald, Tether, SoftBank, and others. Targets aggressive BTC accumulation using similar convertible-bond and equity financing instruments as Capital B.
- Semler Scientific: US healthcare company that pivoted to a Bitcoin Treasury strategy, accumulating BTC on its balance sheet using convertible notes. A direct comparable as a non-crypto-native operating company that adopted BTC as its primary treasury reserve asset.
Regional players
- Metaplanet: Japan-listed Bitcoin Treasury Company pursuing the Strategy/MicroStrategy playbook in Asia. Comparable in business model (BTC accumulation via equity and debt financing) but serves the Japanese market rather than Europe.
- Satsuma Technologies: UK-based Bitcoin Treasury Company pursuing a similar BTC accumulation strategy in the UK market. Comparable business model but different geographic focus from Capital B's European/Euronext positioning.
Broad incumbents
- Block Inc. (formerly Square): Public Bitcoin-focused financial services and payments company that holds Bitcoin on its corporate balance sheet. Overlaps with Capital B on Bitcoin treasury positioning but operates a much broader payments and Cash App business.
- Coinbase Global: Largest US-listed crypto exchange, holding Bitcoin on its corporate balance sheet. Provides institutional Bitcoin custody and trading infrastructure that serves a similar investor segment to Capital B's institutional clients, though with a fundamentally different business model.
Emerging players
- Marathon Digital Holdings: Public Bitcoin mining company transitioning into a Bitcoin treasury holding structure, holding significant BTC reserves produced from mining operations. Comparable as a public BTC accumulator with treasury ambitions.
- Cango Inc. China-origin public company that pivoted from automotive services to Bitcoin mining and treasury accumulation. Comparable as a publicly listed entity that shifted its corporate treasury strategy toward Bitcoin holdings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Capital B social profiles
Digital presenceCapital B financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capital B leadership team
Management profileNumber of profiles
Profiles9 records
Capital B subsidiaries and ownership
Company hierarchySubsidiaries3 records
Capital B funding detail
Funding detailFunding overview
Funding rounds12 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capital B M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capital B
What does Capital B do?
Capital B is Europe's first publicly listed Bitcoin Treasury Company (Euronext Growth Paris: ALCPB), focused on accumulating Bitcoin on its corporate balance sheet using equity raises, convertible bonds, and credit facilities to maximize Bitcoin per fully diluted share over time. The company held 3,139 BTC as of June 2026 and targets 15,000 BTC by end of 2027 and 1% of total Bitcoin supply by 2033. The company also operates technology consulting subsidiaries (iORGA, Trimane, Metadev 3) offering Data Intelligence, AI, and decentralized technology services.
Is Capital B a public or private company?
Capital B is a public company. It is classified as public and is currently operating.
When was Capital B founded?
Capital B was founded in 1999. It employs 1 to 10 people.
Where is Capital B based?
Capital B is headquartered in Puteaux, France, in the Europe region.
How does Capital B make money?
Two revenue lines are on record. Bitcoin Treasury Appreciation is the primary driver. The others are technology Consulting (Subsidiaries).
Who are Capital B's main competitors?
Direct peers on record are Strategy (formerly MicroStrategy), Strive (formerly Strive Asset Management), Twenty One Capital and Semler Scientific. Regional players are Metaplanet and Satsuma Technologies. Broad incumbents are Block Inc. (formerly Square) and Coinbase Global. Emerging players are Marathon Digital Holdings and Cango Inc..
Does Capital B have an API?
No public API is recorded for Capital B.
What industry is Capital B in?
Capital B's product category is Bitcoin Treasury Company. Its primary akta.pro industry code is FSADAEAB, Tokenized Treasury, Money Market & Cash Management Products, with a secondary code of FSAPAIAJ, Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails). Its NAICS code is 523 and its SIC code is 6199.