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Capital B Bolsters Bitcoin Reserve with €21M Funding

Guavy AI Editorial Team
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BTC
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Capital B has raised €21M in a private placement to strengthen its Bitcoin reserve. The company, listed on Euronext Growth Paris, announced the transaction, which was subscribed by international institutional investors, including strategic investors Adam Back and TOBAM.

The funds will finance Capital B's Bitcoin Treasury Company strategy, focused on accumulating Bitcoin as a reserve asset. This approach aims to provide stability and diversification for the company's assets.

The private placement took the form of shares with subscription warrants, allowing investors to participate in the company's future growth.

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