💥 Capital B raises $24.5M to expand its Bitcoin treasury as Adam Back joins the round
French-listed Bitcoin treasury company Capital B has raised €21 million ($24.45 million) through a private placement involving global institutional investors, including Blockstream CEO Adam Back and asset manager TOBAM. The company issued about 36.2 million new shares at €0.58 each.
Capital B expects around €19.9 million in net proceeds, which it plans to use primarily to strengthen its balance sheet and potentially purchase up to 270 additional BTC. If the purchases are completed, its Bitcoin holdings could rise from 3,145 BTC to approximately 3,415 BTC.
#Bitcoin #CapitalB #AdamBack
#ThuyBNB
$BTC $BNB
French-listed Bitcoin treasury company Capital B has raised €21 million ($24.45 million) through a private placement involving global institutional investors, including Blockstream CEO Adam Back and asset manager TOBAM. The company issued about 36.2 million new shares at €0.58 each.
Capital B expects around €19.9 million in net proceeds, which it plans to use primarily to strengthen its balance sheet and potentially purchase up to 270 additional BTC. If the purchases are completed, its Bitcoin holdings could rise from 3,145 BTC to approximately 3,415 BTC.
#Bitcoin #CapitalB #AdamBack
#ThuyBNB
$BTC $BNB
