France’s public debt has reached 120% of gross domestic product, and Alexandre Laizet, an executive at Capital B, argues that the central issue is how borrowed money is used rather than debt alone. In an interview reported by Bitcoin Magazine, Laizet said funds that are spent instead of invested can leave Europe more exposed to currency debasement and financial pressure.
Why Capital B Is Focusing on Bitcoin
Capital B describes itself as Europe’s first Bitcoin treasury company. Its strategy is to hold Bitcoin as a central corporate asset, placing the company within a growing category of businesses that use their balance sheets to gain exposure to the cryptocurrency.
Laizet linked the strategy to conditions in France and across Europe. He said Europe needs Bitcoin because high debt and the erosion of currency purchasing power create a case for holding an asset outside traditional monetary systems. The argument presented in the interview was not that debt is automatically harmful, but that debt becomes more problematic when its proceeds are consumed rather than directed toward investments.
He also pointed to France’s capital markets as a suitable setting for a Bitcoin treasury strategy. The discussion covered the country’s debt burden, Moody’s rating, tax advantages and the potential for wider Bitcoin adoption, although the source material did not provide specific rating or tax figures.
Capital B’s Ambitions and Financing Model
According to the interview outline, Capital B aims to become Europe’s most capitalized company. The company’s plans include examining how a Bitcoin treasury could generate strategic benefits for shareholders and how digital credit might develop in Europe.
The conversation also addressed “perpetual credit,” regulation in France and the wider European market, and the use of Bitcoin-backed credit by investors. Such credit generally refers to borrowing arrangements supported by Bitcoin holdings, although the source did not disclose the terms of any particular transaction or product.
Laizet further discussed how Capital B increased its Bitcoin holdings during the bear market. The material does not state how much Bitcoin the company owns, the amount purchased, or the precise timing of those acquisitions. It also does not give a target valuation or a forecast for the company.
Market Rules and Current Prices
The interview included a discussion of new MSCI rules for Bitcoin treasury companies. The source does not specify the content of those rules or their effect on Capital B. It also included a broader discussion of whether credit investors are beginning to examine Bitcoin-backed lending.
Moneyiar market data at 12:58 p.m. on November 1, 2026, showed Bitcoin at $77,777.80, up 0.47% over 24 hours but down 3.20% over seven days. Plasma was priced at $0.07339, down 9.49% in 24 hours and up 2.23% over seven days. Cap stood at $0.07316, down 6.29% daily and 23.30% weekly, while AKEDO was $0.00908, down 22.56% daily and 68.66% over seven days.
Laizet’s comments represent the views expressed by an interview participant. The programme’s disclaimer said those views do not necessarily reflect the position of BTC Inc., Bitcoin Magazine or affiliated entities, and that the discussion was not investment, legal, tax or accounting advice.
