Capital B Secures €21M from Adam Back and TOBAM to Boost Bitcoin Holdings

Capital B, Europe's first bitcoin treasury company, has secured €21 million in funding from Blockstream's Adam Back and asset manager TOBAM. The private placement, which took place on August 28, 2026, saw the sale of 36,219,070 shares at €0.58 each, a 6.45% discount to Wednesday's closing price.

The company plans to use the net proceeds of around €19.9 million to accelerate its Bitcoin Treasury Company strategy and expand its bitcoin holdings.

With this new funding, Capital B aims to increase its stash by approximately 270 more bitcoins, pushing its total to roughly 3,415 BTC. This would value its current position at around $245 million based on the current price of $77,960 per BTC.