Capital B Secures €7.6 Million for Bitcoin Treasury Expansion
Capital B SA has secured €7.6 million through a private placement of shares with four attached warrants per share, subscribed by strategic investor Adam Back at €0.58 per unit.
The issue price reflects a 15.4% premium to the previous closing, and the structure is aligned with the company’s goal of boosting bitcoin holdings as a core balance sheet reserve.
The warrants, maturing in five years with escalating exercise prices and subject to potential accelerated exercise if share price conditions are met, could deliver an additional €49.4 million in capital if fully exercised.
Capital B estimates that the proceeds, combined with ongoing operations, could fund the purchase of about 376 more bitcoins, potentially lifting its holdings to 3,521 BTC and reinforcing its positioning as a dedicated Bitcoin Treasury player on Euronext Growth Paris.