Capital B Raises $17.8M to Fuel More Bitcoin Buys
Cointelegraph
Capital B has raised $17.8 million through a private share placement to expand its corporate Bitcoin treasury holdings.Summary
France-listed Capital B has successfully raised $17.8 million (15.2 million euros) from strategic investors, including Blockstream CEO Adam Back and asset manager TOBAM. The capital, secured through a private share placement, is intended to increase the firm's Bitcoin treasury by an additional 182 BTC, potentially bringing its total holdings to 3,125 BTC. This move positions Capital B as a proactive accumulator in a market where many other firms are adopting defensive strategies, such as debt reduction or asset sales.
(Source：Cointelegraph)