French BTC treasury firm Capital B raises $18 million from Adam Back, others
The Block
French bitcoin treasury company Capital B has secured $18 million in funding to expand its bitcoin holdings.Summary
Capital B, a French firm focused on bitcoin treasury management, has raised approximately $17.8 million through a private placement of shares. The company plans to utilize the funds to purchase 182 BTC, increasing its total treasury to 3,125 BTC. Notable investors in the round include Blockstream CEO Adam Back and asset management firm TOBAM, with the transaction expected to finalize around May 13.
(Source：The Block)