Capital B Boosts Bitcoin Holdings with €30.1 Million Raise

Capital B has completed €30.1 million in capital raises and acquired an additional 376 BTC, increasing its Bitcoin Treasury holdings to 3,521 BTC.

The company used €1.44 million of its ATM-type agreement with TOBAM and another €28.7 million private placement subscribed by global institutional investors, including Adam Back and TOBAM.

The acquisition value of Capital B's 3,521 BTC is approximately €309.4 million, representing an average cost of €87,878 per bitcoin.