Capital B Doubles Down on Bitcoin with New Holdings and Capital Raises
Capital B SA (ISIN: FR0014019Y19) has confirmed its acquisition of 13 BTC for €0.97 million, adding to its existing holdings of a total of 3,538 BTC. The company's Bitcoin Treasury Company strategy focuses on increasing the number of bitcoins per fully diluted share over time.
As part of the 'ATM-type' capital increase program with TOBAM, Capital B has completed capital increases for a total amount of €982,872.69 through the issuance of 172,978 new ordinary shares at an average rounded subscription price of €5.68 per share. This represents a premium of 3.8% compared to the closing price on the trading day preceding this press release.
The company has achieved since the beginning of the year a 'BTC Yield' of 2.20%, a 'BTC Gain' of 62.1 BTC, and a 'BTC € Gain' of €4.6 million.