Capital B Raises $17.8M to Fuel More Bitcoin Buys

Capital B Raises $17.8M to Accelerate Bitcoin Treasury Strategy

TL;DR: Capital B raised $17.8 million from strategic investors including Adam Back and TOBAM to support additional Bitcoin purchases and treasury growth. The private placement includes warrants that could unlock another $116.5 million through about 92 million additional shares if exercised later by investors. The company could add 182 BTC, potentially reaching 3,125 BTC, while maintaining an expansionary stance as other corporate Bitcoin treasu…

Capital B Raises $17.8 Million To Expand Bitcoin Holdings

French firm Bitcoin treasury company, Capital B, has received $17.8 million in new investment from top investors, including Adam Back, and Paris-based asset manager TOBAM. The firm intends to deploy the latest money to grow its treasury strategy on Bitcoin and increase its Bitcoin holdings. This financing was done through private placement of shares. Each […]

Capital B raises $17.8 million to expand its corporate Bitcoin treasury - The Cryptocurrency Post

French-listed company Capital B finalized the collection of 15.2 million euros, equivalent to $17.8 million, through a private placement of shares aimed at expanding its corporate reserves in Bitcoin. The market operation included direct participation from global institutional investors, including Paris-based asset manager TOBAM and Blockstream CEO Adam Back. The acquired funds, combined with the company’s ongoing operations, will enable the acq…

Capital B Secures $17.8M to Deepen Its Bitcoin Treasury

France-listed Bitcoin treasury specialist Capital B has completed a new funding round, pulling in 15.2 million euros ($17.8 million) from strategic investors including Blockstream CEO Adam Back and Paris-based asset manager TOBAM. The capital was raised via a private placement of shares, with four share subscription warrants attached to each share at a fixed price of $0.78, Capital B said on Monday. The raise is framed as a step to accelerate th…

Capital B Raises $17.8M to Fuel More Bitcoin Buys

Capital B said Monday it raised $17.8 million for more Bitcoin acquisitions and may raise an additional $116 million if all shares in the transaction are fully exercised.