French Firm Capital B Boosts $294M Bitcoin Treasury via Share Offering
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Capital B buys 13 BTC ($1.1M) thanks to the issue of 172,978 shares subscribed by TOBAM funds and holds 3,538 BTC. According to the calculations, the Bitcoin reserve of the company is worth $57.7M less than its acquisition cost (BCE rate of 28/09/2026). The Bitcoin article: Capital B continues its purchases despite 57.7M$ of impairment appeared first on Cointribune.
French Firm Capital B Boosts $294M Bitcoin Treasury via Share Offering
Treasury management firm Capital B acquired 13 bitcoin with $1.1 million raised from the issuance of 172,978 new shares priced at $6.45 each, boosting the value of its bitcoin treasury to about $294 million. ATM Contract Terms and Execution French treasury management firm Capital B confirmed Sept. 28 that it has raised $1.1 million […]
Crypto Economy
Cryptocurrency News | Cryptocurrency Prices | Market CapCapital B Buys 13 BTC Below Cost, Treasury Still Underwater
TL;DR: Capital B bought 13 BTC for €0.97 million at €74,364 per coin, below its €87,805 average acquisition cost across the treasury. The company now holds 3,538 BTC acquired for €310.6 million, while its holdings carry an unrealized loss of roughly €50.8 million, or $57.7 million. Capital B reported 2.20% BTC Yield year to date ...
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