Leaderboard / Bitcoin Treasury / France
Capital B (formerly The Blockchain Group) (ALCPB.PA) bitcoin per share
Capital B (formerly The Blockchain Group) is a dedicated bitcoin treasury company, which means BTC per share is not a curiosity here. It is the product. When accumulation is the whole strategy, the only question that matters is how much bitcoin stands behind each share and whether that number is rising or falling. Listed on Euronext Growth Paris and based in France, it holds 3,140 BTC against 300,180,000 shares outstanding, which works out to 1,046.04 satoshis per share. That places it at rank 47 of 81 on the bitcoinps.com leaderboard. A large absolute holding can still translate into a thin per-share figure when the share count is large, and this row is a good example.
The math
The calculation is deliberately simple: 3,140 BTC (as of August 3, 2026) divided by 300,180,000 basic shares (as of August 3, 2026) gives 0.00001046 BTC per share. Put another way, you would need roughly 95,599 shares to hold one full bitcoin through this stock. We rate this row high confidence: both the holdings figure and the share count trace to primary disclosures or well-corroborated sources.
Holdings context
Neither input has shown a strong recent trend, so treat this row as a snapshot: the as-of dates above tell you exactly how fresh each side of the division is.
What would change this number
- Share issuance (ATM programs and placings). This company has a record of funding itself, and in some periods funding bitcoin purchases, with new equity. Every share sold at the market adds to the denominator. Issuance above the stock's bitcoin value per share is accretive; issuance below it dilutes every existing holder's sats.
- New bitcoin purchases or sales. Any change to the coin count moves the numerator one for one. Purchase announcements lift BTC per share immediately; sales, loans against the position or collateral arrangements cut or complicate it.
- Split mechanics. A reverse stock split has already reshaped this share count. Splits change BTC per share mechanically without changing economic exposure: a 1-for-10 reverse split multiplies the per-share figure tenfold while leaving each investor's total sats untouched. Always check the split history before comparing this row across time.
Quick reference: at the current figure, roughly 95,599 shares of ALCPB.PA represent one full bitcoin.
Sources
- https://www.actusnews.com/en/capital-b/pr/2026/08/03/capital-b-confirms-the-acquisition-of-1-btc-for-eur-0_06-million-the-holding-of-a-total-of-3-140-btc-a-btc-yield-of-2_13-per
- https://stockanalysis.com/quote/epa/ALCPB/statistics/
Listed on Euronext Growth Paris. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.