Capital B Raises €21M to Boost Bitcoin Holdings to 3,415 BTC
European-listed investment firm Capital B has announced a €21 million capital increase to expand its Bitcoin holdings.
The company aims to acquire up to 270 additional BTC, bringing its total holdings to approximately 3,415 $BTC.
The offering involves the issuance of 36,219,070 new shares at a price of €0.58 per share and targets global institutional investors.
Blockstream CEO Adam Back and digital asset manager TOBAM are among the notable participants in the capital raise.