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Crypto

Adam Back Invests €7.6 Million in Capital B's Bitcoin Treasury

Guavy AI Editorial Team
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BTC
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Adam Back has invested €7.6 million in Capital B's Bitcoin treasury to purchase an additional 376 coins.

The new shares were priced at €0.58 apiece, a 15.4% premium over Tuesday's close.

This capital raise brings the total amount of money available for purchasing bitcoin to roughly €7.3 million, which could lift holdings to 3,521 BTC when combined with ongoing operations.

The investment comes from Back, who co-founded Blockstream and now runs the Bitcoin infrastructure firm.

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