Capital B Raises $24.5M to Buy 270 Bitcoin

Capital B raises $24.5M to buy 270 Bitcoin

Capital B raised $24.5 million in a private placement to buy 270 Bitcoin and lift its treasury to 3,415 BTC, with Adam Back and TOBAM participating.

Capital B raises €21M to expand Bitcoin treasury

Capital B raised €21 million from institutional investors and says the placement could fund 270 Bitcoin, lifting holdings toward 3,415 BTC.

Capital B’s €21 million Bitcoin raise comes with heavy warrant dilution risk

The planned 270 BTC nearly offsets the placement, while full warrant exercise would cut the displayed ratio about 24%. The post Capital B’s €21 million Bitcoin raise comes with heavy warrant dilution risk appeared first on CryptoSlate.

Capital B's €21M Paris Raise Targets 3,415 Bitcoin as Warrant Pool Hits $158M

Capital B just closed a €21.0 million private placement. That’s roughly $24.5 million, and the French Bitcoin treasury company didn’t… Read the original on Capital B Raises €21M to Acquire 270 Bitcoin, Eyes $158M Warrant Potential. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Capital B Raises €21M From Adam Back And TOBAM

Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company, has raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM — money it says could buy 270 more bitcoin and push its stack to roughly 3,415 BTC. The company said Friday that a total of 36,219,070 shares were sold at €0.58 each as part of the deal, a 6.45% discount to Wednesday’s clos…

Adam Back and TOBAM Double Down as Capital B Raises €21M to Stack More BTC

Capital B closed a €21M private placement with repeat strategic investors Adam Back and TOBAM, targeting 270 additional BTC. Four warrants per share could unlock ~€135M more over five years, and the raise succeeded above market price during a sector-wide downturn.