Capital B Doubles Down on Bitcoin Holdings
Capital B SA, listed on Euronext Growth Paris, has finalized its capital increases under an 'ATM' type contract with TOBAM. The company acquired 13 BTC for €0.97 million as part of this transaction.
The holding now totals 3,538 BTC, valued at €310.6 million, based on an average price of €87,805 per bitcoin. This represents a 'BTC Yield' of 2.20% YTD, with a 'BTC Gain' of 62.1 BTC and a 'BTC € Gain' of €4.6 million.
The company's Chief Executive Officer waived shareholders' preferential subscription rights in favor of TOBAM funds, which subscribed for the majority of the new shares issued. The average rounded subscription price was €5.68 per share, representing a 3.8% premium compared to the closing price on the trading day preceding this press release.