Capital B and Metaplanet Load Up on Bitcoin With Millions in Fresh Capital Raises
Capital B and Japan's Metaplanet secured significant new capital to increase their Bitcoin holdings.Summary
Paris-listed Capital B, Europe's first Bitcoin treasury company, confirmed the purchase of 8 BTC for €0.5 million, bringing its total treasury to 2,844 BTC valued at €264.4 million. This was funded through equity raises with TOBAM.
Simultaneously, Japan's Metaplanet raised approximately $255 million from global institutional investors via a share placement. This capital raise is paired with fixed-strike warrants that could unlock an additional $276 million, totaling up to $531 million in buying power. Metaplanet also introduced a novel mechanism with 100 million Moving Strike Warrants that include an mNAV clause, ensuring exercise only occurs when the stock trades above 1.01x mNAV to protect existing shareholders from dilution while potentially raising another $234 million.
(Source：BeInCrypto)