🟠 Capital B raises €7.6 million from Adam Back to buy more Bitcoin $BTC
Capital B, a company listed on Euronext Growth and positioning itself as Europe’s first Bitcoin treasury company, has announced it received an investment of €7.6 million (equivalent to $8.8 million) from Adam Back, CEO of Blockstream. The capital will be used directly to buy more Bitcoin.
Previously, last week Capital B had also successfully raised €21 million ($24 million) through a private placement involving Adam Back and asset manager TOBAM. The company’s goal is to strengthen its balance sheet by accumulating Bitcoin as a long-term reserve asset, in order to increase the number of Bitcoins per share over time.
#Bitcoin #CryptoNews
🔗 Source: Bitcoinmagazine
⚠️ Information is for reference only and not investment advice. Please do your own research before making a decision (DYOR).
Capital B, a company listed on Euronext Growth and positioning itself as Europe’s first Bitcoin treasury company, has announced it received an investment of €7.6 million (equivalent to $8.8 million) from Adam Back, CEO of Blockstream. The capital will be used directly to buy more Bitcoin.
Previously, last week Capital B had also successfully raised €21 million ($24 million) through a private placement involving Adam Back and asset manager TOBAM. The company’s goal is to strengthen its balance sheet by accumulating Bitcoin as a long-term reserve asset, in order to increase the number of Bitcoins per share over time.
#Bitcoin #CryptoNews
🔗 Source: Bitcoinmagazine
⚠️ Information is for reference only and not investment advice. Please do your own research before making a decision (DYOR).