Capital B Secures EUR 7.6 Million Capital Raise with Strategic Investor Adam Back

Capital B has announced a EUR 7.6 million capital raise through an issuance of shares with four share subscription warrants attached to each share (ABSA) subscribed by strategic investor Adam Back.

The ABSA subscription price is €0.58, representing a premium of 15.4% to the closing price on September 1, 2026, preceding the transaction. Each ABSA entitles the holder to two Warrants 2026-06 with an exercise price of €0.75, one Warrant 2026-07 at €0.98, and one Warrant 2026-08 at €1.27.

In the event that all warrants issued in connection with this transaction were to be exercised, this would result in an additional total capital increase of €49.4 million. The proceeds from the issuance of the ABSA will enable the acquisition of up to 376 additional BTC, bringing the Company's potential total holdings to 3,521 BTC.

The Company intends to use the proceeds primarily to strengthen its balance sheet through the accumulation of bitcoin as a long-term reserve asset, in line with its Bitcoin Treasury Company strategy. This strategy focuses on increasing the number of bitcoin per fully diluted share over time.