Capital B Raises €3 Million to Expand Bitcoin Treasury Holdings
Capital B raised €3 million to acquire more Bitcoin, aiming to increase its total holdings to approximately 2,880 BTC.Summary
Capital B, a Paris-listed firm and Europe’s first “Bitcoin Treasury Company,” announced a €3 million capital raise to accelerate its Bitcoin treasury strategy. The financing included €2 million from share subscription warrants by TOBAM and €1 million from UTXO Management. This capital will likely support the acquisition of around 36 additional Bitcoin, potentially bringing their total holdings to 2,880 BTC. Alongside the raise, the company adjusted conversion prices for existing convertible bonds to incentivize investors. Capital B aims to increase Bitcoin exposure per share and operates across data intelligence, AI, and decentralized technology consulting, with Bitcoin accumulation as a core strategy. This move reflects a growing trend of companies adopting Bitcoin-focused treasury strategies, similar to Strategy’s recent $1.57 billion Bitcoin purchase.
(Source：Bitcoin Magazine)