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Crypto

Adam Back-Backed Capital B Raises €7.6M for Bitcoin Treasury Expansion

Guavy AI Editorial Team
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BTC
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Capital B has secured €7.6 million in funding through a private placement of shares and warrants, led by Blockstream CEO Adam Back.

The financing could enable the acquisition of up to 376 additional BTC, bringing Capital B's total holdings from 3,145 BTC to 3,521 BTC.

Back already held 54.3 million Capital B shares before this transaction and will see his ownership rise to around 67.49 million shares after the new shares are issued.

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