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Crypto

Capital B Seeks $8.79M for Bitcoin Expansion

Guavy AI Editorial Team
Instruments
BTC
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Capital B, an investment firm listed in Europe, is seeking to raise €7.6 million ($8.79 million) through a share sale led by Blockstream CEO Adam Back.

The funds will be used to purchase up to 376 additional Bitcoin, which would bring the company's total holdings to as much as 3,521 BTC.

This move follows a pattern of similar capital raises by Capital B to expand its Bitcoin treasury and reflects a growing trend among publicly traded companies to hold digital assets as part of their corporate strategy.

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